Honors Algebra II
The growth rate is a measure of the increase in a quantity over a specific period, often expressed as a percentage. It is crucial in understanding how fast something is changing, especially in contexts like population growth, financial investments, or any process that evolves exponentially. This term is deeply connected to exponential functions, which model situations where quantities grow at rates proportional to their current value.
congrats on reading the definition of growth rate. now let's actually learn it.