Exponential Growth Calculator

This exponential growth calculator can find the final growth value, given the initial value, growth rate, and time.

Created by: Soham Pansuriya

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Formula & Equation Used

x(t) = x0 × (1 + (r ÷ 100))t

Where,

x0 = Initial value,
r = Percentage of growth rate per year,
t = Elapsed time in years.

Example:

Find the final value x(t) for:

  • Initial value = 2300
  • Growth rate = 3.7% per year
  • Time = 6 years

x(t) = 2300 × (1 + (3.7 ÷ 100))6

x(t) = 2300 × (1.037)6

x(t) = 2300 × 1.24358

x(t) = 2860.23