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The formula for compound interest is quite complex as it includes not only the The formal definition of CAGR says that CAGR is the yearly rate of return that is 

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Our website uses cookies to enable basic functionality, analyze visitor traffic, provide social media features and deliver a better user experience. We may also use  American Petroleum Institute. The largest U.S. trade association for the oil and natural gas industry. Barrel. The basic unit for measuring oil. A barrel is equal to 42 

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