TeachMeFinance.com - explain Average Annual Percent Change (Coal)
Average Annual Percent Change (Coal) The term 'Average Annual Percent Change (Coal)' as it applies to the area of energy can be defined as ' The average annual percent change over a period of several years that is calculated by taking the nth root [where n is the number of years in the period of interest] of the result of the current year's value divided by the value of the first year of the period; this result then has 1 (one) subtracted from it and that result is then multiplied by 100'.
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