difference between growth rate and growth ratio
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Growth factor is the factor by which a quantity multiplies itself over time. Growth rate is the addend by which a quantity increases (or decreases) over time. ... Growth rate isn't expressed as a percentage. It is something that is constant such as "the height of this tree grows at the rate of 10 cm/year".
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Hi William. Growth factor is the factor by which a quantity multiplies itself over time. Growth rate is the addend by which a quantity increases (or decreases) over time.
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