Jose O. answered 01/15/21
Passionate Maths Tutor
Exponential Growth Equation:
y=y0ekt, k > 0
(a) What is the hourly growth rate?
y(t) = y0ekt
720 = 600e2k
720/600 = e2k
1.2 = e2k
ln(1.2) = ln(e2k)
= 2k · ln(e)
= 2k · 1
k = ln(1.2)/2
k ≈ 0.09116...
(b) How long will it take for the population to triple?
y(t) = y0ekt
1800 = 600 · e(ln(1.2)/2)t
1800/600 = e(ln(1.2)/2)t
3 = e(ln(1.2)/2)t
ln(3) = ln(e(ln(1.2)/2)t)
= ln(1.2)/2 · t · ln(e)
= ln(1.2)/2 · t · 1
t = ln(3)/(ln(1.2)/2)
t = (2 · ln(3))/ln(1.2)
t ≈ 12.05137...