5 ms·
I'm not sure I get yours. Are you saying there is "nonexponential growth" ?
by tosseraccount 11y ago
I'm not sure I get yours. Are you saying there is "nonexponential growth" ?
- jdmichal 11y agoOf course there is non-exponential growth. Easiest counter-example is linear growth, or perhaps in the real world a steady paycheck: p-next = p-start + growth-amount * t
- tosseraccount 11y agoA steady paycheck is wage growth? Indeed, I am missing something.
- oscilloscope 11y agoThe formula implies constant wage, not wage growth. But it can model growth in savings. An example: I save $200 per week. I have $800 saved already. How much will I have saved in 3 weeks?
- jdmichal 11y agoOf course not; it's wealth growth. To be fully explicit: wealth-next = wealth-now + wages * time I am starting to think that you are being purposefully obtuse.