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 formulaCAGR calculation in ExcelHow… Read More

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

How to Use a Discount Calculator to Get More Customers
If you’re a business owner, then chances are you’re constantly thinking about ways to attract new customers and make more sales. Even if your business is thriving at the moment, you may be trying to move stock or make up for an earlier period in the year that was slow. Discounting your goods or services… Read More

How Much Fuel is My Car Really Using?
There are two kinds of people in the world: Those who make it a habit to get gas when there’s a quarter tank left and those who wait until the gas light comes on to start looking for a place to fuel up. No matter which one you are, filling up the tank is an… Read More

What is the Average Speed of Different Modes of Transportation?
We live in a time with an incredible number of options when it comes to transportation. Traveling today isn’t just about where you want to go but how you feel like getting there. Most likely, part of your decision making is going to involve looking at how fast each of these different modes of transportation… 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

6 Questions to Ask When Considering Taking Out Loan
Say you’re wondering if you should take out a loan. Maybe you’re trying to pay for college, get yourself a new car, handle medical bills, start a new business, or simply pay off your credit card balance. Whatever the reason may be (and there are plenty), there are some important questions you need to ask yourself… 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

What is the Impact Force on Different Objects?
All around us, different invisible forces are coming together to control our natural environment. For example, gravitational force is the attraction between objects with mass, and it’s what keeps us on the ground instead of floating out to space. Then, there’s electromagnetism, which is when an electric current produces a magnetic field, and it's what… 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