A population is growing at a rate of 2, 4, 8, 16, 32. Which type of growth does this describe?
A sequence that has the same proportional value as its previous term is called a Geometric sequence.
Answer: The type of growth rate described in 2, 4, 8, 16, 32 is geometric (exponential) growth.
Let's find the type of growth.
When the rate of change is proportional to the quantity changed, such growth is defined as exponential growth or geometric growth.
The value of exponential growth functions is a geometric progression.