Calculate the CAGR or total return on an investment in Michigan.
Computes the compound annual growth rate (CAGR) $in Michigan: the average yearly return that turns the starting value into the ending value over the holding period.
CAGR
CAGR = (end/start)^(1/years) − 1
Estimate — past performance is not a guarantee.
Only if the ending value includes reinvested distributions; enter total account value.
Rates are approximate reference values. Local rates, exemptions and rules can differ, so treat the output as a planning figure only.