What is the formula for growth?
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The formula is Growth rate = (Current value / Previous value) x 1/N – 1. Subtract the previous value from the current value: Get the difference between the previous and current values by subtracting the previous value from the current one. The formula is Current value – Previous value = Difference.
The formula for growth is
CAGR = (Vfinal/Vbegin)^1/t – 1,
where
CAGR is the compound annual growth rate.
Vbegin is the beginning value.
Vfinal is the final value.
t is the time in years.