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Compounded growth rate is a situation in which the rate eg. mortgage compounds (grows) at a certain percentage over a certain period of time. and then doubles, triples depending on the growth rate as time goes on. The only certain factor in a compounded growth rate is time. The other factors can be replaced by other variables such as weight, money, crops etc

eg.

2- month1

4 - month2

6 - month3

8 - month4

10- month5

12-month6

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