The CAGR function returns the compound annual growth rate of an investment.

CAGR is part of the set of financial functions that Sigma supports.

Syntax

CAGR(n, bv, ev)

The CAGR function syntax has the following arguments:

n
Required
The number of periods of the investment
bv
Required
The beginning value 
ev
Required
The end value

The general formula for the CAGR function is:
(ev / bv )^(1 / n) - 1.

Examples

CAGR(4, 3000, 48000)

An investment that grew from $3,000 to $48,000 in 4 periods has a return rate of 100% for each period.

CAGR(10, \[Beginning Investment\], \[Ending Investment\])

Calculate the annual rate of return of an investment over a period of 10 years, as a percentage:


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