Give step-by-step solution with explanation and final answer:The population of Toledo, Ohio, in the year 2000 was approximately 530,000. Assume the population is
increasing at a rate of 4.8 % per year.
a. Write the exponential function that relates the total population, P(t), as a function of ¢, the number of
years since 2000. -
P(t) =
b. Use part a. to determine the rate at which the population is increasing in ¢ years. Use exact expressions.
OP —
c. Use part b. to determine the rate at which the population is increasing in the year 2021. Round to the
nearest person per year.
P21) = i people per year
Question Help: (2 Video
|
Question:
Give step-by-step solution with explanation and final answer:The population of Toledo, Ohio, in the year 2000 was approximately 530,000. Assume the population is
increasing at a rate of 4.8 % per year.
a. Write the exponential function that relates the total population, P(t), as a function of ¢, the number of
years since 2000. -
P(t) =
b. Use part a. to determine the rate at which the population is increasing in ¢ years. Use exact expressions.
OP —
c. Use part b. to determine the rate at which the population is increasing in the year 2021. Round to the
nearest person per year.
P21) = i people per year
Question Help: (2 Video
|
This is AI generated Response.
Asked by: sri
Created at: 2025-05-24 12:43:19
Final Answer:
RenderedRaw Text
Did you like this answer?
Let's solve each part step by step:
---
### **a. Write the exponential function**
Given:
- Initial population in 2000, \( P_0 = 530,000 \)
- Growth rate, \( r = 4.8\% = 0.048 \)
- \( t \) = years since 2000
The formula for exponential growth is:
\[
P(t) = P_0 e^{rt}
\]
Plug in the values:
\[
P(t) = 530,000 \cdot e^{0.048t}
\]
---
### **b. Find the rate at which the population is increasing in \( t \) years**
This is the derivative of \( P(t) \):
\[
P'(t) = \frac{d}{dt} \left( 530,000 \cdot e^{0.048t} \right)
\]
The derivative of \( ae^{kt} \) is \( ake^{kt} \):
\[
P'(t) = 530,000 \cdot 0.048 \cdot e^{0.048t}
\]
\[
P'(t) = 25,440 \cdot e^{0.048t}
\]
---
### **c. Find \( P'(21) \) (the rate in the year 2021, since \( t = 2021 - 2000 = 21 \))**
Plug in \( t = 21 \):
\[
P'(21) = 25,440 \cdot e^{0.048 \times 21}
\]
Calculate \( 0.048 \times 21 = 1.008 \):
\[
P'(21) = 25,440 \cdot e^{1.008}
\]
Now calculate \( e^{1.008} \approx 2.740 \):
\[
P'(21) \approx 25,440 \cdot 2.740 \approx 69,726
\]
**Rounded to the nearest person:**
\[
P'(21) \approx 69,726 \text{ people per year}
\]
---
## **Final Answers:**
**a.**
\[
P(t) = 530,000 \cdot e^{0.048t}
\]
**b.**
\[
P'(t) = 25,440 \cdot e^{0.048t} \text{ people per year}
\]
**c.**
\[
P'(21) \approx 69,726 \text{ people per year}
\]
Let me know if you need any clarifications!
Question:
i need detailed calculations along with the final Answer
This is AI generated Response.
Asked by: sri
Created at: 2025-05-24 12:45:42
Final Answer:
RenderedRaw Text
Did you like this answer?
Let's go through each part with detailed calculations and explanations.
---
### **a. Write the exponential function \( P(t) \)**
**Given:**
- Population in 2000, \( P_0 = 530,000 \)
- Annual growth rate, \( r = 4.8\% = 0.048 \)
- \( t \) = number of years since 2000
**Standard exponential growth model:**
\[
P(t) = P_0 \cdot e^{rt}
\]
**Substitute the known values:**
\[
P(t) = 530,000 \cdot e^{0.048t}
\]
**Final answer for part (a):**
\[
\boxed{
\textbf{a.} \quad P(t) = 530,000 \cdot e^{0.048t}
}
\]
---
### **b. Find the rate at which the population is increasing in \( t \) years**
**Step 1:** Derive \( P(t) \) with respect to \( t \):
\[
P(t) = 530,000 \cdot e^{0.048t}
\]
**Step 2:** Use the chain rule for differentiation:
\[
P'(t) = 530,000 \cdot \frac{d}{dt} \left( e^{0.048t} \right)
\]
The derivative of \( e^{kt} \) is \( k e^{kt} \), so:
\[
P'(t) = 530,000 \cdot 0.048 \cdot e^{0.048t}
\]
**Step 3:** Calculate the coefficient:
\[
530,000 \times 0.048 = 530,000 \times \frac{48}{1000} = \frac{530,000 \times 48}{1000}
\]
Calculate numerator:
\[
530,000 \times 48 = (530,000 \times 50) - (530,000 \times 2) = 26,500,000 - 1,060,000 = 25,440,000
\]
Now divide by 1000:
\[
\frac{25,440,000}{1000} = 25,440
\]
**Thus:**
\[
P'(t) = 25,440 \cdot e^{0.048t}
\]
**Final answer for part (b):**
\[
\boxed{
\textbf{b.} \quad P'(t) = 25,440 \cdot e^{0.048t} \text{ (people per year)}
}
\]
---
### **c. Determine the rate of population increase in 2021**
Since the year 2000 corresponds to \( t = 0 \), the year 2021 corresponds to:
\[
t = 2021 - 2000 = 21
\]
**Step 1:** Plug \( t = 21 \) into the derivative:
\[
P'(21) = 25,440 \cdot e^{0.048 \times 21}
\]
Calculate the exponent:
\[
0.048 \times 21 = 1.008
\]
**Step 2:** Calculate \( e^{1.008} \):
Using a calculator or approximation:
\[
e^{1.008} \approx e^{1} \times e^{0.008}
\]
We know:
\[
e^{1} \approx 2.71828
\]
\[
e^{0.008} \approx 1 + 0.008 + \frac{0.008^2}{2} = 1 + 0.008 + 0.000032 = 1.008032
\]
Multiplying:
\[
2.71828 \times 1.008032 \approx 2.71828 \times (1 + 0.008032) \approx 2.71828 + 2.71828 \times 0.008032
\]
Calculate:
\[
2.71828 \times 0.008032 \approx 0.0218
\]
Adding:
\[
2.71828 + 0.0218 \approx 2.7401
\]
Thus,
\[
e^{1.008} \approx 2.740
\]
**Step 3:** Calculate the rate:
\[
P'(21) \approx 25,440 \times 2.740 =
\]
Multiply:
\[
25,440 \times 2.740
\]
Break down:
\[
25,440 \times 2 = 50,880
\]
\[
25,440 \times 0.740 \approx 25,440 \times (0.7 + 0.04) = 25,440 \times 0.7 + 25,440 \times 0.04
\]
Calculate:
\[
25,440 \times 0.7 = 17,808
\]
\[
25,440 \times 0.04 = 1,017.6
\]
Add:
\[
17,808 + 1,017.6 = 18,825.6
\]
Finally, sum all parts:
\[
50,880 + 18,825.6 = 69,705.6
\]
**Round to the nearest person:**
\[
\boxed{
\textbf{c.} \quad P'(21) \approx \boxed{69,706} \text{ people per year}
}
\]
---
## **Summary:**
- **a.** \( P(t) = 530,000 \cdot e^{0.048t} \)
- **b.** \( P'(t) = 25,440 \cdot e^{0.048t} \)
- **c.** In 2021, the population increases at approximately **69,706 people per year**.
Let me know if you'd like further clarification!
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