Average Annual Growth Rate - AAGR

What Does Average Annual Growth Rate - AAGR Mean?

The average increase in the value of an individual investment or portfolio over the period of a year. It is calculated by taking the arithmetic mean of the growth rate over two annual periods. The average annual growth rate can be calculated for any investment, but will not include any measure of the investment's overall risk, as measured by its price volatility.

           AGR                  - Annual Growth Rate

        n                       - N.O of year (For AGGR calculation)

        AAGR                 - Average Annual Growth Rate

The Chartered Accountants-Overview

Under several legislation, the Chartered Accountants are entrusted like for compulsory audit in several companies including banks, stock brokers, companies, big income tax assesses large bank borrowers and lots more. It highly depicts the confidence and trust laid by the government and society in this profession. In fact, the society has been increasingly reckoning the services of Chartered Accountants in the whole wide range of management consulting services, involving management information, control system, management accounting, financial services sector and international finance information technology. The kinds of functions played by Chartered Accountants are quite varied; some of them includes Auditing, Accounting, taxation, Cost accountancy, Special company work, Investigation, Directorship, Companies secretarial work, Trustees and Executors, Management accounting, Share valuation work and other activities. To become a good and successful Chartered Accountant, you just not require numerical liability and business insightfulness, but good communication skills, independence of thought, objectivity and integrity paired with the ability to work under loads of pressure and time deadlines.

History Of Computer Part 2

A succession of steadily more powerful and flexible computing devices was constructed in the 1930s and 1940s, gradually adding the key features that are seen in modern computers. The use of digital electronics (largely invented by Claude Shannon in 1937) and more flexible programmability were vitally important steps, but defining one point along this road as "the first digital electronic computer" is difficult Notable achievements include:

§  Konrad Zuse's electromechanical "Z machines". The Z3 (1941) was the first working machine featuring binary arithmetic, including floating point arithmetic and a measure of programmability. In 1998 the Z3 was proved to be Turing complete, therefore being the world's first operational computer.