To calculate the Annual Change Percentage:
\[ AC = \left( \frac{FV}{IV} - 1 \right) \times 100 \]
Where:
Annual change refers to the percentage change in a value over the course of a year. This metric is commonly used in finance, economics, and various other fields to measure the growth or decline of a particular variable, such as revenue, population, or investment returns. Understanding the annual change helps in analyzing trends and making informed decisions based on the rate of change over time.
Let's assume the following values:
Using the formula:
\[ AC = \left( \frac{1200}{1000} - 1 \right) \times 100 = 20 \% \]
The Annual Change Percentage is 20%.
Let's assume the following values:
Using the formula:
\[ AC = \left( \frac{750}{500} - 1 \right) \times 100 = 50 \% \]
The Annual Change Percentage is 50%.
