CUET CUET Mathematics 2024 - For which one of the following purposes is CAGR (Compounded Annual Growth Rate) <b>not</b> used ? | PYQs + Solutions | AfterBoards
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CUET Mathematics 2024 PYQs

CUET Mathematics 2024

Statistics & Applications
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Financial Math

Conceptual

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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