Find out the Compounded Annualized Growth Rate (CAGR) of your investments using the Compound Interest Calculator.
How does the Compound Interest Calculator work?
The Compounded Annualized Growth Rate (CAGR) of an investment is calculated using the following formula:
CAGR (r) = (Fv/Pv)^(1/n) – 1
where:
- Fv = Future value of the investment
- Pv = Present value of the the investment
- n = Investment period in years
How to use the Compound Interest Calculator
The Compound Interest Calculator is useful in calculating CAGR returns in situations where the rate of return is not explicitly mentioned.
For example:
The value of the NIFTY50 index on 01-Jan-2010 and 31-Dec-2020 were 5201 & 13982 respectively.
Punch in these values in the in CAGR calculator, and you will get the CAGR return of the NIFTY50 index over the past decade as 10.39% before dividends.
