One of the concepts I teach in my Quantitative Reasoning class is the idea of “Exponential Growth.” Such growth, where a variable grows by a fixed percent, is found in such things as population growth ...
I have always assumed that people understood that compound interest is a textbook example of exponential growth- Any small non-zero rate such as 2% gives the classic exponential growth curve we are ...
Timothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 years of corporate finance experience. Timothy has helped provide CEOs and CFOs with deep-dive analytics, ...
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When I was a child, there was a commercial on (black and white) TV that had a very happy woman telling a friend about some beauty product, and then that friend told several friends about it, "and so ...