Resolved: Why do I keep getting 16.47% for the CAGR for this Question
Beginning Value (BV) = 7 million
Ending Value (EV) = 15 million
Number of Years (N) = 5
Ending Value (EV) = 15 million
Number of Years (N) = 5
3 answers ( 1 marked as helpful)
Natalie, you are absolutely right. There is a typo in the answer choices. The answer is indeed 16.47%. Thank you for the comment!!
but I got it wrong on my exam, therefore my score needs to change. How do I get that corrected?