document.write( "Question 1157957: The population of Plano, Texas, which follows the exponential growth model, increased from
\n" ); document.write( " 222,030 in 2000 to 259,841 in 2010. (Source: U.S. Census Bureau, www.census.gov)
\n" ); document.write( " Work is required!\r
\n" ); document.write( "\n" ); document.write( " a. Find the exponential growth rate, k. Give the exact rate. \r
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\n" ); document.write( "\n" ); document.write( " b. Write the exponential growth function that models the population after t years.\r
\n" ); document.write( "\n" ); document.write( " c. What is the projected population in 2020?\r
\n" ); document.write( "\n" ); document.write( " d. How long should it take the population to double?
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Algebra.Com's Answer #854522 by KMST(5396)\"\" \"About 
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Exponential functions are functions where the variable is in the exponent, such as \"y=2%5Ex\" .
\n" ); document.write( "Exponential functions of the form \"y=A%2Ae%5Ekt\" where \"A\" and \"k\" are constants
\n" ); document.write( "are used to model exponential growth and exponential decay.
\n" ); document.write( "Let's call our function \"P\" for population.
\n" ); document.write( "Let \"t\" be the number of years after 2000.
\n" ); document.write( "The function is \"P=A%2Ae%5Ekt\" .
\n" ); document.write( "For the year 2000, \"t=0\" and \"P=222030\" , and
\n" ); document.write( "\"222030=A%2Ae%5E%28k%2A0%29\" --> \"222030=A%2Ae%5E0\" --> \"222030=A%2A1%7D%7D+--%3E%7B%7B%7Bhighlight%28A=222030%29\"
\n" ); document.write( "For the year 2010, \"t=10\" , \"P=259841\" , and
\n" ); document.write( "\"259841=222030%2Ae%5E%28k%2A10%29\" --> \"259841%2F222030=e%5E%28k%2A10%29\" --> \"ln%28259841%2F222030%29=k%2A10\" --> \"highlight%28k=ln%28259841%2F222030%29%2F10%29\"
\n" ); document.write( "That is the exact value.
\n" ); document.write( "\"k=approximately\"\"0.0157257\" or \"k=approximately\"\"0.01573\" .
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\n" ); document.write( "We could write the growth function as
\n" ); document.write( "\"P=222030%2Ae%5E%28%28%22ln%28259841%2F222030%29%2F10%22%29%2At%29\" , or
\n" ); document.write( "\"P=222030%2Ae%5E%28ln%28%22259841%2F222030%22%29%2A%28%22t%2F10%22%29%29\" , or
\n" ); document.write( "\"P=222030%2A%28e%5Eln%28%22259841%2F222030%22%29%29%5E%28%22t%2F10%22%29\" , or \"P=222030%2A%28259841%2F222030%29%5E%28%22t%2F10%22%29\" ,
\n" ); document.write( "or maybe use the approximate value for k, and write it as
\n" ); document.write( "\"P=222030%2Ae%5E%280.01573t%29\"
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\n" ); document.write( "We can calculate the projected population in 2010 and 2020, using the equations found above.
\n" ); document.write( "For 2010, \"t=10\" . Substituting that value into \"P=222030%2Ae%5E%280.01573t%29\" , we get
\n" ); document.write( "\"P=222030%2Ae%5E%280.01573%2A10%29=222030%2Ae%5E0.1573=222030%2A1.17034667=259852\"(rounded to whole number).
\n" ); document.write( "However using \"P=222030%2Ae%5E%280.0157257t%29\" , we get
\n" ); document.write( "\"P=222030%2Ae%5E%280.0157257%2A10%29=222030%2Ae%5E0.157257=222030%2A1.17029634=25984.08967\"\"%22=%22\"\"259841\"(rounded to whole number).
\n" ); document.write( "To match all 6 digits in the population for 2010, we need the exact value of \"k\" , or at least a better approximation and we need to carry more digits through the calculations.
\n" ); document.write( "For 2020 \"t=20\" , substituting it into \"P=222030%2Ae%5E%280.0157257t%29\" we get
\n" ); document.write( " .
\n" ); document.write( "Rounding to whole numbers, we get that the projected population in 2020 is \"highlight%28304091%29\" .
\n" ); document.write( "If we use the more accurate \"P=222030%2A%28259841%2F222030%29%5E%22t%2F10%22\" , we get
\n" ); document.write( " .
\n" ); document.write( "Rounding to whole numbers, we get that the projected population in 2020 is \"highlight%28304091%29\" .
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\n" ); document.write( "Using the equation with the exact value of \"k\" , \"P=222030%2Ae%5E%28%28%22ln%28259841%2F222030%29%2F10%22%29%2At%29\" , we could set \"P=2%2A222030=444060\" and solve for \"t\" .
\n" ); document.write( "We get
\n" ); document.write( "\"2=e%5E%28%28%22ln%28259841%2F222030%29%2F10%22%29%2At%29\"-->\"ln%282%29=%22ln%28259841%2F222030%29%2F10%22%2At\"-->\"t=10%2Aln%282%29%2F%22ln%28259841%2F222030%29%22=44.077\" (rounded to 3 decimal places).
\n" ); document.write( "Rounding to whole numbers, it takes \"highlight%2844%29\" years for the population to double at the rate observed between 2000 and 2010.
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