An exponential growth calculator is a valuable tool for computing the future value of an investment or population experiencing consistent growth over time. By inputting the initial value, growth rate, and time period, users can determine the projected outcome using the exponential growth formula: x(t) = x₀ × (1 + r)ᵗ, where x(t) represents the value at time t, x₀ is the initial value, r is the growth rate, and t is the time elapsed. This formula is widely applicable in fields such as finance, biology, and environmental science, aiding in the analysis of phenomena like compound interest, population growth, and resource consumption. Utilizing an exponential growth calculator simplifies these complex calculations, providing quick and accurate projections essential for informed decision-making.