|Dec4-12, 05:45 PM||#1|
Calculate exponential growth when rate r is changing
The formula f(t) = I(1 + r)t gives the value of something after it has grown for t years, at rate r, with an initial value I.
What if the growth rate r is continuously increasing?
What is the formula now?
Does it relate somehow to xx?
|Dec4-12, 10:28 PM||#2|
It depends on how it increases with t. Is it linear with t? Geometric? Logarithmic? ...
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