# What is constant percentage?

##### 1 Answer

Jul 3, 2018

#### Answer:

Constant percentage may be translated to a growth factor.

#### Explanation:

Say something grows with a constant percentage of 10% every period, we may say that the growth factor

This means that after

If something dimished with a a constant percentage of say 10% every period, this means that the growth factor is

You can rework these results to total percentage by multiplying by