The population P after t years obeys the differential equation
tdP=kP;
where k is a positive castant; the initial condition is P(0)=700.
To solve this, we use separation of variables:
∫P1dP=∫kdt
ln∣P∣=kt+C
∣P∣=eCekt
P=Aekt.
Using P(0)=700 gives 700=Ae0⇒A=700.
Thus, P=700ekt. Furthermore, P(15)=700×120%=840 so
840=700e15k
e15k=1.2
15k=ln(1.2)
k=15ln(1.2)≈0.012.
Thus, P=700e0.012t. The population after 35 years is therefore
P=700e0.012(35)=1065.37≈1065 people.
Rate of population growth is
tdP=dtd(700e0.012t)=(700∗0.012)e0.012t
putting t=35, we get
tdP=(700∗0.012)e0.012(35)≈13 people/year.
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