Question
Question: A population P is initially 1000. How do you find an exponential model (growth or decay) for the pop...
A population P is initially 1000. How do you find an exponential model (growth or decay) for the population after t years if the population P is increases by 200% every 6 years?
Solution
This question is from the topic of pre-calculus. In solving this question, we will first write the formula for this exponential model which is increasing with time. Here, we will multiply a constant ‘k’ with time t for knowing the growth rate. After that, we will solve the formula of the exponential model using the formulas of logarithms. After solving the further question, we will get our answer.
Complete step-by-step solution:
Let us solve this question.
In this question, we have given that the number of population initially is 1000. And, it is saying that it is increasing by 200% after every 6 years. So, we have to find an exponential model for the population after t years.
Let us suppose P as population after t year and P0 as initial population that is 1000 and take t in years. The general formula for exponential model can be written as
P=P0ekt
Where, k is growing rate constant. Let us find out the value of k.
The above equation can also be written as
⇒P0P=ekt
In the above equation, let us take ln (log base e or we can say loge) to both side of equation, we get
⇒ln(P0P)=ln(ekt)
In the question, we have seen that after 6 years the population is increasing by 200%.
So, after 6 years, the population will be
P=P0+(200)100P0=P0+2P0=3P0
Hence, the new population after years will be 3 times the initial population in 6 years. So, we can write
⇒ln(P03P0)=ln(ek×6)
⇒ln3=ln(e6k)
Now, using the formula of logarithms that is ln(xa)=alnx, we can write
⇒ln3=6klne
Now, using the formula of logarithms that is lne=1, we can write
⇒ln3=6k
⇒6k=ln3
The above equation can also be written as
⇒k=61ln3
Using the formula ln(xa)=alnx, we can write
⇒k=ln361
Hence, we have found the growth rate. Then, exponential model will be
P=P0et×ln361
This can also be written as by using the formula ln(xa)=alnx,
⇒P=P0eln36t
Now, using the formula elnab=ab, we can write
⇒P=P036t
Hence, we have found the exponential model. The model is P=P036t
Note: For solving this type of question easily, we should have a better knowledge in the topic of pre-calculus. We should remember the formulas for solving this type of question easily:
elnab=ab
lne=1
ln(xa)=alnx
Remember that if it is growth, then the exponential model will be like P=P0ekt and if it is decay, then exponential model will be like P=P0e−kt.