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by wlesieutre
4499 days ago
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Math nitpick: It's a bit more complicated than that with exponential growth. You can't divide up 100% over 10 years and say it was 10% each year, instead you have to solve 2=1.1^x, and find that it doubles in 7.27 years. If something grows 10% a year for 10 years, it actually ends up at 2.59x its original size. |
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http://en.wikipedia.org/wiki/Rule_of_72