document.write( "Question 678697: Exponential growth problem using the formula: N= No(R)^t/d
\n" ); document.write( "N is the current amount, No is the initial amount, R is the rate, t is the time, d is the number of days/months/years \r
\n" ); document.write( "\n" ); document.write( "The population of a city was estimated to be 125000 in 1930 and 500000 in 1998.
\n" ); document.write( "a) Estimate the population of the city in 2020.
\n" ); document.write( "b) if the population continues to grow at the same rate, when will the population reach 1 million?
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Algebra.Com's Answer #421636 by KMST(5328)\"\" \"About 
You can put this solution on YOUR website!
If we know that \"N\" grows exponentially,
\n" ); document.write( "we know the \"initial\" \"N%5B0%5D\" value of \"N\" at some point we take as starting point,
\n" ); document.write( "and we know that \"N\" grew by a factor of \"R\" over a period of \"d\" days/months/years (or whatever unit of time),
\n" ); document.write( "\"highlight%28N=N%5B0%5D%2AR%5E%28%28t%2Fd%29%29%29%5Efunction\"
\n" ); document.write( "that gives the value of \"N\" at a time \"t\" days/months/years (or whatever unit of time we were using) after our starting point.
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\n" ); document.write( "THE PROBLEM SET-UP:
\n" ); document.write( "Here we define
\n" ); document.write( "start = year 1930
\n" ); document.write( "we measure time in years
\n" ); document.write( "\"t=0\" for 1930
\n" ); document.write( "\"t=1998-1930=68\" for 1998
\n" ); document.write( "\"t=2020-1930=90\" for 2020
\n" ); document.write( "\"d=68\" years (between 1930 and 1998)
\n" ); document.write( "\"R=500000%2F125000=4\" is the growth factor over 68 years
\n" ); document.write( "(the population quadrupled in the 68 years between 1930 and 1998).
\n" ); document.write( "\"N%5B0%5D=125000\" is our starting population
\n" ); document.write( "\"highlight%28N=125000%2A4%5E%28%28t%2F68%29%29%29%5Efunction\", with \"t=years\"\"after\"\"1930\"
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\n" ); document.write( "PART a:
\n" ); document.write( "In the year 2020, for \"t=90\", the population is
\n" ); document.write( "\"highlight%28N=125000%2A4%5E%28%2890%2F68%29%29%29%5E%28a%2Acalculation%29\"
\n" ); document.write( "\"highlight%28N=1782986%29%5E%28a%28approx%29%29\"
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\n" ); document.write( "PART b:
\n" ); document.write( "To calculate when the population will be one million.
\n" ); document.write( "\"highlight%281000000=125000%2A4%5E%28%28t%2F68%29%29%29%5E%28b%2Acalculation%29\"
\n" ); document.write( "Taking logs of both sides
\n" ); document.write( "\"log%281000000%29=log%28125000%29%2B%28t%2F68%29%2Alog%284%29\"
\n" ); document.write( "From there we get \"highlight%28t%2F68=3%2F2%29\" <--> \"highlight%28t=102%29\",
\n" ); document.write( "which corresponds to year \"1930%2B102=highlight%282032%29\"
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\n" ); document.write( "I really did not bother with the calculation.
\n" ); document.write( "It was just mental math.
\n" ); document.write( "I knew (from way before) that the population had quadrupled in 68 years.
\n" ); document.write( "That meant that it doubled every 34 years,
\n" ); document.write( "so that in \"68=34%2A2\" years it would double twice,
\n" ); document.write( "and would end up multiplying times 2 twice to quadruple.
\n" ); document.write( "Then, being 500,000 in 1998,
\n" ); document.write( "it needed just another 32 years to double again, and reach one million.
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