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The equation for exponential growth is typically expressed as ( N(t) = N_0 e^{rt} ), where ( N(t) ) is the quantity at time ( t ), ( N_0 ) is the initial quantity, ( r ) is the growth rate, and ( e ) is the base of the natural logarithm (approximately 2.71828). In this model, the quantity increases at a rate proportional to its current value, leading to a rapid increase over time.

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1w ago

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