Statistics & Applications > Financial Math
Medium
applied
Rahul invested ₹ 20000 in a mutual fund in year 2018. If the value of mutual fund increased to ₹ 32000 in year 2023. Then the compound annual growth rate of his investment is: $[given \, that(1.6)^{1/5} = 1.098]$
✅ Correct Option: 3
Related questions:
2025: 21 May Shift 1
2025: 13 May Shift 1
2026: 21st May Shift 2
2026: 30th May Shift 2