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The ratio of the quantity between two sets of time an equal period apart are the same. That is, the rate of growth over the same time is a constant.

Suppose V(t) is the value of the variable V at time t. Then, if t1, t2, t3 and t4 are four times such that t2 - t1 = t4 - t3

then V(t2)/V(t1) = V(t4)/V(t3)

whether V is compound interest or exponential growth.

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Q: What does compound interest and exponential growth share?
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