Hey I am on Medial • 1m
I jsut copied and pasted your question in chatGPT and here is what it said... with the math and logic and everything. To calculate the CAGR (Compound Annual Growth Rate) and project the value in 2028, we can use the formula: \text{CAGR} = \left( \frac{\text{Ending Value}}{\text{Starting Value}} \right)^{\frac{1}{n}} - 1 Where: • Ending Value = Projected value in 2028 • Starting Value = Current value (17.78 Billion) • n = Number of years (2028 - 2025 = 3 years) Now, to calculate the 2028 market value using the 17% CAGR: \text{Future Value} = \text{Current Value} \times (1 + \text{CAGR})^n Let’s plug the numbers in: \text{Future Value} = 17.78 \, \text{Billion} \times (1 + 0.17)^3 Let me calculate that for you. With a 17% CAGR, the market value in 2028 is projected to be approximately 28.48 billion
Download the medial app to read full posts, comements and news.