Suppose over unit of time there is a constant growth factor then
- 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.
Preferable reference for this tutorial is
Teknomo, Kardi (2015) Simple Growth Model. https:\\people.revoledu.com\kardi\ tutorial\Growth\