In 1998 the population of a colony is 10000 and is decreasin
In 1998, the population of a colony is 10,000. and is decreasing exponentially at 1.5% per year. a) What will the population be after 5 years? b) In what year will there be half of the population left? In 2003, the population of a city is 80,000 people, and is growing at a rate of 47% per year. a) What will the population be in 2015? b) In what year will the population be triple?
Solution
12. We have to use the following formula
P(t) = P0(1-r)t
P(t) is the population after t years
P0 is the initial population
r is the rate
In this question P0 =10000, r=1.5 %= .015 , t=5 yrs
a. P(5) =10000(1-.015)5
= 10000 * .9855 = 9272
b. 5000=10000(1-.015)t
.5= .985t
Taking log on both sides
log .5= t log .985
t= log.5/log .985
t= approx 46 yrs
13. We have to use the following formula here
P(t) = P0(1+r)t
a. t=2015-2003=12 yrs , r=4%=.04
P(t) = 80000(1+.04)12
= 80000*1.0412
= 128083
b. We have to find the year in which the population be triple and triple means triple of 80000=240000
240000=80000(1+.04)t
3= 1.04t
Taking log on both sides
log3/log1.04=t
t=28 yrs
