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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The interest earned will depend on the interest rate as well as the time period. You have chosen not to share either items of information which makes it impossible to give a more useful answer.
Pay for goods or services sold, interest earned on deposits and bonds, share dividends are some examples.
The Constant growth model does not address risk; it uses the current market price, as the reflection of the expected risk return preference of investor in marketplace, whereas CAPM consider the firm's risk, as reflected by beta, in determining required return or cost of ordinary share equity.Another difference is that when constant growth model is used to find the cost of ordinary share equity, it can easily be adjusted with flotation cost to find the cost of new ordinary share capital. whereas CAPM does not provide simple adjustment.Although CAPM Model has strong theoretical foundation, the ease of the calculation of the constant growth model justifies it use.
The birth rate is the number of children born in a year as a share of total population. Birth rates have important short and long-term effects. Essentially, a higher birth rate will increase the population in the short-term simply because more children are born. More importantly, it will increase population in the long-run because there will be more children in a generation, and when those children grow up there will be more people who are having children, resulting in exponential population growth.
Cumulative shares are when the shares are combined and then evenly distributed to the share holders. Non cumulative preference shares are when they go to certain people first.