Answer by D Stanley for How are CAGR and compounding frequency related?
In your context, no, the compounding frequency does not matter. You are calculating the effective annual rate for a 200% return over 5 years, which would be: (1+r)^5 = 3==> 1+r = 3 ^ 1/5==> 1+r =...
View ArticleHow are CAGR and compounding frequency related?
I am newbie, so forgive me if my question seems trivial. I have a numerical where a bank scheme triples a person's investment in 5 years but it doesn't talk about the compounding frequency. Assuming it...
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