For example, some inexpensive mowers are designed to have a service life of 200 or fewer hours while pricier mowers typically are designed to last 500 or more hours. Therefore, a lawnmowerâs life expectancy can be based on how often and how long it is used.
exponential growth. Increase in number or size, at a constantly growing rate. It is one possible result of a reinforcing feedback loop that makes a population or system grow (escalate) by increasingly higher amounts. Compound interest is an example of exponential growth. Use 'exponential growth' in a Sentence.
Scroll down the page to find the exponential growth information.) When any quantity (rate of oil consumption, human population, your bank account) grows at a fixed rate or percentage each year such as 5% (contrast that to a fixed quantity such as $100) that growth is termed exponential.