Geometric Growth Model

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Difference equation:

Functional shortcut: For

Characteristics:

• Multiply by a constant growth factor
• Grow with a fixed percentage or constant of growth factor in any period of a given length.

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

Comments for this tutorial

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Preferable reference for this tutorial is

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