Exponential Growth and Decay Calculator Online:
Use our Exponential Growth and Decay Calculator Online.
Exponential Growth/Decay Equation / formula:
- x(t) = x0 (1 * r)t.
Exponential Growth/Decay Definition:
Definition of Exponential Growth/Decay :
Exponential growth occurs when the growth rate of the value of a mathematical function is proportional to the function’s current value, resulting in its growth with time being an exponential function, i.e., a function in which the time value is the exponent. Exponential decay occurs in the same way when the growth rate is negative.
In the case of a discrete domain of definition with equal intervals, it is also called geometric growth or geometric decay. The function values forming a geometric progression. In either exponential growth or exponential decay, the ratio of the rate of change of the quantity to its current size remains constant over time.