Good point and well spotted!
PS: Though it’s not actually called exponential (as it isn’t enr-3-month-periods but rather 2nr-3-month-periods ) but has a different name which I can’t recall anymore.
PPS: Found it - it’s a “geometric progression”.
PPS: Found it - it’s a “geometric progression”.
A terminology that I learned from the Terminator 2 movie. Only that was, I think, a “geometric rate”.
By tweaking a few parameters you can turn every base into any other base for exponentials. Just use e^(ln(b)*x)
PS: The formula here would be e^(ln(2)/3*X) and x is the number of months. So the behavior it’s exponential in nature.
By that definition you can turn any linear function a * x + b, “exponential” by making it e^ln(a*x +b) even though it’s actually linear (you can do it to anything, including sin() or even ln() itself, which would make per that definition the inverse of exponential “exponential”).
Essentially you’re just doing f(f-1(g(x))) and then saying “f(m) is em so if I make m = ln(g(x)) then g(x) is exponential”
Also the correct formula in your example would be e^(ln(2)*X/3) since the original formula if X denotes months is 2X/3
It doesn’t matter if you divide ln(2) or x by three, it’s the same thing.
