Growth Rate

The growth rate, just as the name implies, denotes how quickly something grows. In terms of mathematics, we'll obviously also have the rate at which something decreases. Some functions grow/decrease faster than others.

Let's start with an elementary example:Let's take now: After that, we take: And finally, we consider:

Play around with these. Take larger and larger values, see what you get.
Which one grows the fastest?

• Answer:
  • The factorial.

You'll properly understand this concept next, as we introduce Calculating Limits