CAGR Calculator Tool:
The compound annual growth rate (CAGR) is a useful measure of an investment's growth over time as if it grew at a constant rate. This example uses Bootstrap for responsive styling to make it functional and visually appealing on a variety of devices.
CAGR Calculator
Features of CAGR Calculator Tool:
- Responsive Design: The page uses Bootstrap to ensure that the tool is responsive and looks great on all devices from mobile phones to desktops.
- User Input: User can enter the initial investment, ending value and tenure in years.
- Calculation Logic: JavaScript calculates the compound annual growth rate based on user input.
- Result Display: Shows the calculated CAGR in a clear and concise manner directly below the input form.
How it Works:
- The user inputs the initial value, ending value and number of years.
- On clicking the “Calculate CAGR” button, the function calculate CAGR() is executed.
- The function calculates the CAGR using the formula 𝐶𝐴𝐺𝑅=((final value/initial value)1number of years−1)×100.
- The result is displayed in a formatted message just below the button.
This tool is useful for investors, financial analysts and anyone interested in understanding the growth rate of investments or projects over a period. Adjustments may be needed based on more complex financial scenarios or specific user needs.
Post a Comment
0Comments