Vishal invested ₹20,000 in Tata stocks for 6 years. The value of the investment at the end of each year is given below:
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 ₹20,000 ₹23,500 ₹24,000 ₹24,800 ₹25,000 ₹28,000
The CAGR % of his investment is: [use ]
Vishal invested ₹20,000 in Tata stocks for 6 years. The value of the investment at the end of each year is given below:
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 |
|---|---|---|---|---|---|
| ₹20,000 | ₹23,500 | ₹24,000 | ₹24,800 | ₹25,000 | ₹28,000 |
The CAGR % of his investment is: [use ]
Solution
✅ Correct Option: 3
CAGR .
Using the supplied value, this is , i.e. .
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