Exponential Growth Model

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

Functional model:

Characteristics:

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

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

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Preferable reference for this tutorial is

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