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

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