Rate of Growth Equation:
From: | To: |
The rate of growth (r) measures how quickly a quantity changes over time relative to its current size. It's commonly used in biology, economics, and other fields to measure exponential growth patterns.
The calculator uses the continuous growth rate equation:
Where:
Explanation: The equation calculates the continuous growth rate needed to go from N0 to Nt over time period t.
Details: Growth rates are fundamental in understanding population dynamics, investment growth, bacterial cultures, and many natural processes that exhibit exponential behavior.
Tips: Enter the initial and final quantities (must be positive numbers) and the time period. All values must be in consistent units.
Q1: What's the difference between continuous and discrete growth rates?
A: Continuous growth uses natural logarithms (as in this calculator) while discrete growth uses simple periodic compounding.
Q2: Can this be used for negative growth (decay)?
A: Yes, when Nt < N0, the result will be negative, indicating decay rather than growth.
Q3: What time units should I use?
A: Any consistent time unit can be used (hours, days, years), but the growth rate will be expressed per that unit of time.
Q4: How is this related to doubling time?
A: Doubling time can be calculated as ln(2)/r when r is positive.
Q5: What if my quantities are percentages?
A: Convert percentages to decimal form before calculation (e.g., 150% = 1.5).