growth

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Suppose over unit of time there is a constant growth factor then

Functional model: Exponential Growth

Characteristics:

  • Continuous model of geometric growth
  • In any two periods of equal length, the growth factor will be the same.

Try to experiment with the interactive program of Exponential Growth Model below. Input the initial value x(0) and constant r and g then click "Find" button to find x(n) and to show the plot.

Initial value x(0) = Constant r = > 0 (must be positive) Constant g = Find the value of x at n =

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See also: Dynamical System tutorial , Power rule , Logarithm rule

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This tutorial is copyrighted.

Preferable reference for this tutorial is

Teknomo, Kardi (2015) Simple Growth Model. http:\\people.revoledu.com\kardi\ tutorial\Growth\