A tool designed for computing proportional growth compares an initial value to a final value, expressing the difference as a percentage. For example, if an investment grows from $100 to $120, the tool calculates a 20% growth.
This type of percentage change calculation is essential in various fields, including finance, economics, and demographics, for understanding growth and decline trends. It provides a standardized way to compare changes across different scales and facilitates informed decision-making based on proportional growth rather than absolute differences. Historically, such calculations, while fundamental, were performed manually; the advent of digital tools streamlines this process, increasing efficiency and accessibility.
