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?
Hi,
We've asked our dev team to correct your score. They'll do that if technically feasible. Thanks for your understanding and patience.
Best,
Ned
We've asked our dev team to correct your score. They'll do that if technically feasible. Thanks for your understanding and patience.
Best,
Ned