Growth Models Flashcards
1
Q
Linear Model
A
Growth or decay amount is constant (+32/year)
2
Q
Linear Model Developement
A
P= P₀±n*d
3
Q
growth rate/decay (d)
A
slope= (y2-y1)/(x2-x1)
4
Q
Exponential Growth Model
A
rate of change is constant (+10% yr)
5
Q
P₀
A
Initial Value
6
Q
D
A
Growth/Decay Rate
7
Q
N
A
Time
8
Q
Exponential model Developement
A
Pn=P₀(1±r)^n
9
Q
R
A
rate of change (%)
