CUET Mathematics 2024
Statistics & Applications
Financial Math
Conceptual
For which one of the following purposes is CAGR (Compounded Annual Growth Rate) not used ?
For which one of the following purposes is CAGR (Compounded Annual Growth Rate) not used ?
Correct Option: 2
CAGR is not typically used to understand and analyse donations received by a non-government organisation.This is because donations may be irregular and not follow a consistent compounding pattern like investments.
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CUET Mathematics 2024