Raymond B. answered 03/30/24
Math, microeconomics or criminal justice
p(t) = 1500(1.07)^t is the formula for the bacteria population after t hours
initial population at time t=0 is 1500 as p(0)= 1500(1.07)^0 = 1500(1) = 1500
doubling time is when 2 =(1.07)^t, solve for t
take logs of both sides, to the base 1.07
log1.072 = t
t= ln2/ln1.07
t= about 10.245 hours
= about 10 hours, 14 minutes, and 41 seconds
rate of increase per hour = r = .07 = 7%
general formula is p(t) = P(1+r/n)^nt where r=hourly rate of increase, t=hours, n=compounding periods per year
but for bacteria
the usual formula involves continual compounding
P(t) = Pe^rt where e is an irrational constant = about 2.718281828
P(0) = 1500e^rt
double time t = ln2/ln1.07
2 = about e^10.245r
ln2 = 10.245r
r = (ln2)/10.245 = about .06766 = 6.8% hourly rate of increase
P(t) =1500e^.06766t is equivalent to P(t)=1500(1.07)^t