In this article we will talk about CAGR (Compound Annual Growth Rate) in detail, including the formula for computing it, how to calculate it in Excel, how to interpret it, its utility in assessing financial assets, making predictions, and more: What does CAGR stand for? What is Compound Annual Growth Rate? CAGR calculation formula CAGR […] Read More…
Finance Articles

Compound Annual Growth Rate (CAGR) – What You Need to Know

How to Choose Where to Invest Your Money Based on APY
Whether you’re currently a small business owner or you’re thinking about opening up your own business, at some point, you will need to make some important investments. These investments may be to help you get your business off the ground, or they could be to re-invest in your business to help it grow overtime. Additionally, […] Read More…

Figure Out Your Home’s Worth With a CAGR Calculator
If you have ever purchased your own home, then you know that it was a major investment. And, when the day comes and you’re ready to sell it, you’ll want to be sure that you’ll be getting back that initial investment and then some. The question now is, “What is the value of my home?” […] Read More…

What Does Net 15, Net 30, and Net 60 Mean?
Say you’re a full-time freelancer or you run your own business and you’ve just wrapped up a job for a client. You’ve sent off an invoice and are excited to finally get paid for your work. Then, their accounts department informs you that you’ll be paid in Net 15, Net 30, Net 60, or some […] Read More…

5 Things to Consider Before Starting a Business
Are you dreaming of starting your own business? Whether you have visions of a brick and mortar store or a company that operates entirely online, it’s important to take time beforehand to plan and crunch some numbers. That way you won’t get caught off guard—or be financially and mentally drained—by the unavoidable start-up costs. To […] Read More…

The Pros and Cons of Taking a Gap Year Before College
So, you’ve finished high school and now your big, bright future looms on the horizon. While many of your peers are headed straight to college, you may be thinking to yourself, “Should I take a gap year?” Taking a gap year before college can be a great opportunity, but there are also some downsides worth […] Read More…

Are You Getting Your Paid Overtime?
As an employee, it usually goes without saying that if you work more, you want to get paid more for your time. Overtime pay (sometimes shortened to “OT”) is a way to protect employees who work outside of their designated hours, but there are some variations in what qualifies for overtime and how much they […] Read More…