as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
is there a term that better describes a compound annual growth rate (cagr) when it is negative?
user
same question had popped up in our office,and we got an answer from one of the senior colleague. he said that we can call it carc (compounded annual rate of change).
assistant