Exponential Growth Calculator High Precision calculator can be used to model and predict the growth of a population, investment, or any quantity that grows exponentially over time.
Learn how to use the Exponential Growth Calculator High Precision calculator and its working principles
Exponential growth is a process that increases quantity over time at a rate proportional to the current amount. The formula used is:
A = P₀ × e^(r × t)
Where:
If you invest $1000 (P₀) at a 4% annual growth rate (r = 0.04) for 5 years (t = 5), the final amount (A) would be:
A = 1000 × e^(0.04 × 5) ≈ 1000 × 1.22140 ≈ $1221.40