Exponential growth leads to a significant increase over time due to a fixed percentage rate, surpassing linear growth.
To determine the program with the biggest rate of increase over time, we need to consider the concept of exponential growth. In mathematics, exponential growth occurs when a quantity increases at a fixed percentage rate over a period. An example of such growth is compound interest, where the amount increases by a certain percentage each period. For instance, if Program A saves 10 lives in the first year, then 20 lives in the second year, 40 lives in the third year, and so on, it exhibits exponential growth.
Exponential growth is characterized by a rapid rate of increase over time, surpassing linear or slower growth patterns. When analyzing data, if a program follows an exponential growth pattern, its rate of increase accelerates as time progresses.
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