Business Studies, asked by Siakhan6723, 1 year ago

Jessica has been tracking the population of a town. the population was 8,230 last year and has been increasing by 1.25 times each year. how can jessica develop a function to model this

Answers

Answered by danielochich
3
The formulae to model this population is :

N(t) = Ae^-kt

Where A is a constant and in this case the initial population which 8230.

Given that the population increases by 1.25 times we can get the value of k.

At time 1 :

1.25 = e^ -k × 1

Taking ln on both sides we have :

ln 1.25 = ln (e ^ - k)

0.2231 = - k

At this point t = 1

Thus :

0.2231 = - k

k = 0.2231

Rewriting the formulae :

N(t) = 8230e^0.2231t

This formula can be used to model the population.
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