how to calculate growth rate
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To calculate growth rate, start by subtracting the past value from the current value. Then, divide that number by the past value. Finally, multiply your answer by 100 to express it as a percentage.
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By formula,
Total=Initial(1+r/100)^n
From here you can calculate the rate of growth.
Total=Initial(1+r/100)^n
From here you can calculate the rate of growth.
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