Tallfaktor

Tallfaktor, also known as growth factor, is a term used in various fields to describe how a quantity changes over time. It represents a multiplicative rate of increase or decrease. For instance, if a population grows by 10% each year, its tallfaktor is 1.10 (representing the original population plus the 10% increase). Conversely, if a substance decays by 5% per hour, its tallfaktor is 0.95 (representing the remaining 95% after decay). Understanding tallfaktor is crucial for predicting future values and analyzing trends in areas like finance, biology, and physics. It allows for simple calculation of values after a certain number of periods by repeatedly multiplying the initial value by the tallfaktor. For example, after 'n' periods, the new value would be the initial value multiplied by the tallfaktor raised to the power of 'n'. The concept is a fundamental tool for modeling exponential growth and decay processes.