Average Growth Factor Calculator

Formula

The formula to calculate the Average Growth Factor (GF) is:

\[ GF = \frac{FV}{IV} \]

Where:

Average Growth Factor: A measure used to determine the rate at which a quantity increases over a period of time.
Significance: Commonly used in finance, biology, and other fields to assess the growth of investments, populations, or other variables.

Let's say the initial value (IV) is 100 and the final value (FV) is 150. Using the formula:

\[ GF = \frac{150}{100} = 1.5 \]

So, the growth factor (GF) is 1.5.