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Homework Statement
The Pacific halibut fishery has been modeled by the differential equation.
\displaystyle\dfrac{dy}{dt}=ky\left(1-\dfrac{y}{M} \right)
where y(t) is the biomass (the total mass of the members of the population) in kilograms at time t (measured in years), the carrying capacity is estimated to be M = 7\times 10^7 kg, and k=0.78 per year.
(a) If y(0)= 2\times 10^7 kg, find the biomass a year later. (Round your answer to two decimal places.)
(b) How long will it take for the biomass to reach 4\times 10^7 kg? (Round your answer to two decimal places.)
Homework Equations
\displaystyle P= \dfrac{K}{1+Ce^{-kt}}
The Attempt at a Solution
K = carrying capacity \implies 7\times 10^7 kg
k = 0.78 per year
At time 0, biomass is 2\times 10^7 kg \impliesy(0)= 2\times 10^7 kg
C = the difference between the carrying capacity and the initial capacity subtracted by 1.
C= \dfrac{7\times 10^7}{2 \times 10^7}-1=\dfrac{5}{2}
P=\dfrac{7 \times 10^7}{1+\dfrac{5}{2}e^{-0.78\cdot1}}= 70000001.15 kg
I'm trying to solve for the biomass (P) after 1 year. This answer doesn't seem correct. Am I using the wrong number for variable t? Or I'm not solving for P right away?