g = period growth rate, eg, % MOM growth
S = starting size
E = ending size
n = number of periods elapsed between S and E
We know that to compute E
from S
, g
, and n
, we can use the equation:
E = S * (1 + g) ^ n
Let's do some algebra to transform this into an equation that solves for g
when the other variables are known:
E = S * (1 + g) ^ n
E/S = (1 + g) ^ n
log10(E/S) = n * log10(1 + g)
log10(E/S) / n = log10(1 + g)
10 ^ (log10(E/S) / n) = 1 + g
g = 10 ^ (log10(E/S) / n) - 1