Exponential growth
From ACT Wiki
Financial maths.
1.
Strictly, growth with a series with a constant ratio between successive terms.
For example: 2, 4, 8, 16, 32 and so on.
The same as a geometric progression.
2.
Loosely, any rapid growth.
Financial maths.
1.
Strictly, growth with a series with a constant ratio between successive terms.
For example: 2, 4, 8, 16, 32 and so on.
The same as a geometric progression.
2.
Loosely, any rapid growth.