Question
Question: In how many years will the population of a city be 120,000 if the population P in thousands of citie...
In how many years will the population of a city be 120,000 if the population P in thousands of cities can be modeled by the equation P=80e0.015t where t is the time in years?
Solution
Substitute the value of P equal to 120,000 in the relation P=80e0.015t and multiply the R.H.S with 1000. Now, take natural log, i.e. log to the base e, both the sides and use the property of logarithm lnem=m to find a linear relation in t. Solve for the value of t by using the value ln(23)=0.405 for the calculations to get the answer.
Complete step-by-step solution:
Here we are provided with the relation of the population of a town that varies exponentially according to the relation P=80e0.015t. We have to determine the value of time t when the population of the city will become 120,000.
Now, it is given that the population P is measured in thousands and time t is in years, so at time t the population relation P=80e0.015t means that the actual number of people is P=80e0.015t×1000. So substituting 120,000 in place of P we get,
⇒120000=80e0.015t×1000
On simplifying we get,
⇒23=e0.015t
Taking natural log, i.e. log to the base e both the sides we get,
⇒ln(23)=ln(e0.015t)
Using the formula lnem=m we get,
⇒ln(23)=0.015t
⇒t=0.015ln(23)
Substituting the value ln1.5=0.405 and simplifying we get,