Calculate your Compounded Annualized Growth Rate (CAGR) or ending balance for an investment based on the holding period.
The FinCrafters app has two versions of the CAGR calculator available based on what information is available and what needs to be computed. Use the Annualized Return Calculator if start and end balances, and investment period (in years) are known, and the annualized return (CAGR) needs to be calculated. Use the Ending Balance Calculator if the start balance, CAGR and investment period are known, and the end balance needs to be calculated.
The CAGR calculator uses the compound interest formula. More information on this topic can be found in “Power of Compounding.”
We specialize in tax-free retirement strategy and investments such as IUL, Annuity and LTC. Prefer a quick and complimentary consultation? Just email us at Karthik@FinCrafters.com