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 ...
Mathematician Eugenia Cheng explores the uses of math beyond the classroom. Read more columns here. In the era of Covid-19, exponentials have been in the public eye more than usual, since they are at ...