COMPOUND ANNUAL GROWTH RATE Definition

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COMPOUND ANNUAL GROWTH RATE (CAGR) is the year over year growth rate applied to an investment or other part of a companys activities over a multiple-year period. The formula for calculating CAGR is (Current Value/Base Value) ^ (1/# of years) - 1.

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COMMERCIAL ATTACHE is a business and trade expert on the staff of a consulate or embassy. They are responsible for promoting exports of their countrys goods and are an excellent source of help.

ASSESSED VALUE is the estimated value of property used for tax purposes.

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