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How do you find a growth rate of 1.14?

Updated: 4/28/2022
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11y ago

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Q(t) = Q0(1.14t)

Q = the quantity at time t

t = time (in, say, years)

Q0 = the quantity at time zero

For example, if t = 5 years and Q0 =1000,

Q(5) = 1000(1.145) = 1000x(1.925414...) = 1925.414... = about 1925.

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