According to estimates, Sudan's annual growth rate is 2%. The population of Sudan will double in about 35 years if growth continues at this rate.
By considering the average revenue for a specific time period, annual growth rates are determined. The finishing value of an investment or asset is divided by the asset's initial value in the yearly growth rate formula. You get a decimal point that can be converted into a percentage when you take one out of this amount.
Growth rate = (Current value / Previous value) x 1/N - 1 is the formula.
Add the current value to the previous value and subtract it: Subtract the prior value from the present value to obtain the difference between the two. Current value minus Previous value equals Difference.
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