Question

A. What is exponential growth?

Answer 1

Answer:

A process that increases quantity over time.

Explanation:

The formula for exponential growth of a variable x at the growth rate r, as time t goes on in discrete intervals (that is, at integer times 0, 1, 2, 3, ...), is:

$X_{t}= X_{0} (1+r)^{2}$

Exponential growth is a process that increases quantity over time. It occurs when the instantaneous rate of change of a quantity with respect to time is proportional to the quantity itself.