Table of annual values
| End of year | Balance [$] |
|---|
| 0 | 1000.00 |
| 1 | 1133.46 |
| 2 | 1284.74 |
| 3 | 1456.20 |
| 4 | 1650.54 |
| 5 | 1870.83 |
| 6 | 2120.51 |
| 7 | 2403.52 |
| 8 | 2724.30 |
| 9 | 3087.89 |
| 10 | 3500.00 |
|
Plot of balance growth
Description
The compound annual growth rate (CAGR) is the annual return that, if earned for a specified number of years (N),
would grow an initial value of V into a final value F. It’s simply (F/V)^(1/N)-1.
For example, if you bought a share of AMZN in Jan 2005 for $18, and sold it Jan 2025 for $235, you earned a CAGR of 13.7%.
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