# CAGR

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: