Exponential Growth Calculator
Calculate compound growth or decay over time using our free calculator.
Understanding Exponential Growth
What is Exponential Growth?
Exponential growth occurs when the rate of change of a quantity is proportional to its current value. This results in growth that accelerates over time, creating a characteristic J-shaped curve.
The Formula
The exponential growth formula is:
A = P(1 + r)áµ—
Where:
- A = Final amount
- P = Principal (initial) amount
- r = Growth rate (as decimal)
- t = Time period
Common Applications
Exponential growth appears in many real-world scenarios:
- Compound interest
- Population growth
- Bacterial growth
- Investment returns
- Inflation