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Paul
 
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Default Compound Interest

Hi,
I want to calculate the growth rate between two dates.

The data in question is:
Start date 31/01/1995 Value 146.0
End Date 31/12/2004 Value 189.9

I think the annual growth rate is about 2.6% pa, but I don't know the
formula to calculate it.

Any help appreciated.

Thanks for looking.

Paul
 
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