Growth/Decay Percentage Formula:
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The growth/decay percentage measures the continuous rate of change between two values over time. It's commonly used in finance, biology, physics, and economics to analyze exponential growth or decay processes.
The calculator uses the natural logarithm formula:
Where:
Explanation: The formula calculates the continuous compounding growth rate between two values over a specified time period.
Details: Understanding growth rates is essential for predicting future values, analyzing trends, and making comparisons between different growth processes.
Tips: Enter the initial and final values, plus the time period. All values must be positive numbers. The result shows the continuous growth/decay rate per time unit.
Q1: What's the difference between this and simple percentage growth?
A: This calculates continuous compounding growth, while simple percentage shows discrete growth between two points.
Q2: What does a negative result mean?
A: A negative percentage indicates decay (decreasing values) rather than growth.
Q3: What time units should I use?
A: Use consistent time units (years, months, days). The result will be in percentage per that time unit.
Q4: Can I use this for population growth?
A: Yes, this is commonly used to calculate continuous population growth rates.
Q5: How does this relate to exponential functions?
A: The result is the 'r' in the exponential growth formula: final = initial × e^(r×t).