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Hi
Could someone advise, on finding annual growth rate equation. Example is:- An X items was valued at 13500 and after 24 Years it is valued at 180000. The equation shall forecast, Annual Growth Rate in %. ( which means, value X grown over by Y % ( which shall be static value ) and another addition of Y for next year and so on till 24th year. And shall not forecast % to its base value ( 13500 ), which I had figured out to be at 51.38% for 24 years. Hope someone really understands, Bye. Assad |
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