Definition of exponential growth

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TeachMeFinance.com - explain exponential growth



exponential growth

The term 'exponential growth' as it applies to the area of basic math can be defined as 'the increase in a quantity over time represented by y = a·bx where a > 0 and b > 1 (e.g., ; each time x is increased by 1, y increases by a factor of 2)'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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