50 years​…?

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anthonyqkiernan A
anthonyqkiernan Aug 21, 2019 13:04:37
Replying to PMM

I went the other way. A years unit grows by 0.6 per year, which is compounded (assuming parity between consumption and growth)

Year 1: 1
Year 2: 1 X 1.6
Year 3: (1 X 1.6) X 1.6
Year 4: ((1 X 1.6) X 1.6) X 1.6...

Which comes in at
1
1.6
2.56
4.09
6.55
10.45
16.77 (This is a total of 43 units)
26.84

P PMM
PMM Aug 21, 2019 14:56:06
Replying to anthonyqkiernan

Went out to spoons for lunch, and was thinking about this while waiting for the food to come, and yes, the way I did it doesn't really work.

But your figures are for 60% growth, rather than 0.6% growth, no?

I think you probably have the right way of doing it, but neglected to factor in that it's a percentage.

Maths huh? Where is Albert Bartlett when you need him?