ch 10 exponential growth Flashcards
(1 cards)
1
Q
linear:
growth on fixed amt, eg $10,$10,$10
A
expinentiao growth:
- increase by fixed precent
like compound intrest on savings account
formula:
p+p times intrest rata (groth rate/100)= p(1+ r/100)
doubling time= time it takes to have 2x of initial value