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On True Compound Interest and the Law of Organic Growth

  • Silvanus P. Thompson
  • Martin Gardner
Chapter

Abstract

Let there be a quantity growing in such a way that the increment of its growth, during a given time, shall always be proportional to its own magnitude. This resembles the process of reckoning interest on money at some fixed rate; for the bigger the capital, the bigger the amount of interest on it in a given time.

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Copyright information

© Martin Gardner 1998

Authors and Affiliations

  • Silvanus P. Thompson
  • Martin Gardner

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