Definition Of Exponential Growth
Compound interest is an example of exponential growth.
Definition of exponential growth. Exponential growth defined some things grow at a consistent rate. The general formula is. Exponential growth is an increase in some quantity that follows the relationship n t a e kt where a and k are positive real valued constants. The figure above is an example of exponential growth.
It is one possible result of a reinforcing feedback loop that makes a population or system grow escalate by increasingly higher amounts. Where a value increases in proportion to its current value. Such as always doubling. Exponential growth is a pattern of data that shows greater increases with passing time creating the curve of an exponential function.
Illustrated definition of exponential growth. The bigger the system is the greater the increase. Increase in number or size at a constantly growing rate. For example if a population of mice doubles every year.
Exponential growth ek spuh nen shuhl growth of a system in which the amount being added to the system is proportional to the amount already present. Whenever something is increasing or growing rapidly as a result of a constant rate of growth applied to it that thing is experiencing exponential growth. In fact it is the graph of the exponential function y 2 x the general form of an exponential function is y ab x. Before diving further into the mathematics let s look at a graphical example of exponential growth.