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One who does understand the exponential function is Elon Musk.A new video from Awesome Finance discusses Musk’s history of starting companies with the potential for exponential growth. Instead ...
If I take my exponential growth function above and divide both sides by N 0, then take the natural log (ln) of both sides, I get this equivalent expression: Illustration: Rhett Allain.
All these exponential functions are the same, as it were, one can always be written as another. What sets e^x appart is the fact that its rate of change is itself : d (e^x) /dx = e^x .
Exponential growth is a pattern of data that shows greater increases with passing time, creating the curve of an exponential function. The formula for exponential growth is V = S x (1+R) T, where ...