What are application of geometric progression in real life?

Answer 1

Geometric progressions (GP) are commonly found in various real-life applications, including finance, where they model compound interest and investment growth over time. They are also used in population growth scenarios, where populations increase by a constant percentage each period. Additionally, GPs appear in computer science, particularly in algorithms related to data structures and complexity analysis. In physics, they can describe phenomena such as radioactive decay and sound intensity levels.