Calculate Final Amount

Here is the formula to calculate Reverse CAGR(compound annual growth rate)

FA = SA * (CAGR / 100 + 1) ⁿ

• FA = Final Amount/Future Amount
• SA = Starting Amount
• n = number of years the money is invested for

John has invested 1,00,000 for 5 Years andwhere annual growth rate is 14.87 %.

• FA = SA * (CAGR / 100 + 1) ⁿ
• CAGR = 14.87
• SA (Starting Amount) = 1,00,000
• n (Period) = 5 Year

Reverse CAGR Calculation Steps

• FA = SA * (CAGR / 100 + 1) ⁿ
• FA = 1,00,000 * (14.87 / 100 + 1) ⁵
• FA = 1,00,000 * (0.1487 + 1) ⁵
• FA = 1,00,000 * 1.1487 ⁵
• FA = 1,00,000 * 2.00
• FA = 2,00,000