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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© 1998 Martin Gardner
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Thompson, S.P., Gardner, M. (1998). On True Compound Interest and the Law of Organic Growth. In: Calculus Made Easy. Palgrave, London. https://doi.org/10.1007/978-1-349-15058-8_17
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DOI: https://doi.org/10.1007/978-1-349-15058-8_17
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-77243-0
Online ISBN: 978-1-349-15058-8
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