Income vs. Savings

Today in class I learned what linear and exponential growth is. Linear growth is when your money increases by the same amount every time. You add by the same number each time to equal your outcome. Exponential growth is when your money increases by itself every time. Linear growth does not grow as fast as exponential as seen in my graph my linear growth is a nice steady line as my exponential growth grows up on a slant. Your income is more line linear growth and compound interest grows just like exponential does. Compound grows faster as time goes on and grows faster and faster as the time goes by. For linear growth is like income because you are basically getting the same amount of money every yearincome-vs-savings

retirment

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