Percent Increase Formula:
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The percent increase over time calculator shows how a value grows when it's increased by a constant percentage rate over multiple periods. This is commonly used for financial calculations like investment growth, inflation adjustments, or population growth.
The calculator uses the compound growth formula:
Where:
Explanation: The formula accounts for compounding - each period's increase is calculated on the new value that includes previous increases.
Details: Understanding compound growth is essential for financial planning, investment analysis, and predicting long-term trends. Small percentage increases can lead to significant growth over time.
Tips: Enter the original value, the periodic percentage increase rate, and the number of periods. All values must be positive numbers.
Q1: What's the difference between simple and compound percentage increase?
A: Simple increase calculates each period's growth on the original value, while compound growth calculates each period's growth on the accumulated value.
Q2: Can I use this for monthly calculations?
A: Yes, just make sure your rate and periods are consistent (e.g., monthly rate with number of months).
Q3: How does this relate to the Rule of 72?
A: The Rule of 72 estimates doubling time (72/rate) and is derived from this compound growth formula.
Q4: What if my rate changes over time?
A: This calculator assumes a constant rate. For variable rates, you'd need to calculate each period separately.
Q5: Can this be used for decreasing values?
A: Yes, use a negative percentage for decrease (e.g., depreciation or decay calculations).