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2018 2017 2016 2015 2014 Revenues $55,673 $52,192 $46,777 $41,465 $34,201 Net profits $2,257 $2,130 $1,839...

2018 2017 2016 2015 2014
Revenues $55,673 $52,192 $46,777 $41,465 $34,201
Net profits $2,257 $2,130 $1,839 $52 $50

Using the table above, what is CAGR in in 2018 since 2014? [NOTE: You can usually manage any display issues with tables by increasing or decreasing the viewable font (or letter) size on your browser.]

about 10.2%

about 11.9%

about 13.0%

0 0
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Answer #1

( End Value Start Value

End value = Revenues of 2018 = $55,673

Start value = Revenues of 2014 = $34,201

N = No. of years = 4

CAGR = (m):-1 CAGR = (34,201 ) ー/55,673 34, 201

CAGR (1.62781790006)2 -]1

CAGR 1,1295395836315-1-0.1295395836315

CAGR = 12.95%

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