See I would’ve done 109.62/46.75=2.345
2.345=x^21
2.345^(1/21) =1.0414
X = 1.0414
I try to avoid logs and ln because I forget how tf they work every time.
109.62/46.75 = x^21.
ln(109.62/46.75) = ln(x^21) = 21 * ln(x).
e^(ln(109.62/46.75)/21) = e^(ln(x)) = x.
1.04142 = x
So the annualized compound growth would be 4.14%.
ETA: Reddit formatting is awful and eats parentheses.
Hit the TD jackpot on fanduel with Emari Ln boys, hopefully got fat free roll to rip for Sunday. But today’s Friday, what stocks goin upppies so I can yolo day trading BP at it??