Q:
      
      
         
            
What does 'C' stands for 'CAGR', a business specific term for the geometric progression ratio that provides a constant rate over the specific time period?
         
       
      
      
      
          
      
      
          Answer & Explanation
         Answer: B) Compound         
         
Explanation: CAGR stands for Compound Annual Growth Rate. So, C stands for Compound. Compound annual growth rate (CAGR) is a business and investing specific term for the geometric progression ratio that provides a constant rate of return over the time period.
       
      
      
      
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