What is the growth factor of the following example? Assume time is measured in the units given.
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Answer:
Step-by-step explanation:
The population of a community is known to increase at a rate proportional to the number of people present at time t.
This means that the population growth is modeled by the following differential equation:
Which has the following solution:
In which P(t) is the population after t years, P(0) is the initial population and r is the growth rate.
The population has doubled in 10 years
This means that . We use this to find r.
So the equation that will estimate the population of the community in t years is: