What Will the Population Be in 1997 Based on Exponential Growth?

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The discussion revolves around solving a population growth problem based on an exponential model. The population of a midwestern city decreased from 900,000 in 1993 to 800,000 in 1995. Using the differential equation dN(t)/dt = kN(t), the population change is modeled as proportional to the current population size. By applying the boundary conditions, the constant k is determined to be approximately -0.0589. The general solution for the population at time t is expressed as N(t) = 900,000e^(-0.058891518t). By calculating for t = 4 (1997), the projected population is approximately 711,111. This approach highlights the application of differential equations in modeling population dynamics.
jaypee
The following question is from a textbook..and I can't seem to solve it. Can someone help.
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The population of a midwestern city follows the exponential law. If the population decreased from 900,000 to 800,000 from 1993 to 1995, what will the population be in 1997?
 
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600000 ?
 
I'll solve this problem from scratch, so that you can see how the mathematical model is formulated:

We assume that population change is proportional to the current population size. (This assumption holds until the population grows large enough that competition for resources occurs). We thus have a differential equations as follows:

dN(t)/dt = kN(t) , t is measured in years

with boundary conditions:

N(0) = 900,000 ; N(2) = 800,000

We can solve this by seperating the variables:

∫ dN(t)/N(t) = ∫ kdt
ln|N(t)| = kt +A , A is an arbitrary constant
N(t) = Bekt

Now we use the boundary conditions:

N(0) = A = 900,000
N(2) = 900,000e2k = 800,000
=> k = -0.058891518
=> N(t) = 900,000e-0.058891518t

We now use the equation to find the population at time t = 4 (1997):

N(4) ~ 711,111

Now, if you haven't done any work on differential equations, then all of the above may as well have been written in French. So I'll solve the problem using the info given:

You were told that the population grows exponentially, and the most general form for an exponential equations is:

N(t) = Aekt , A and k are arbitrary constants

So we will use this equation and solve for A and k, as we did above:

N(0) = A = 900,000
N(2) = 900,000e2k = 800,000
=> k = -0.058891518
=> N(t) = 900,000e-0.058891518t

We now use the equation to find the population at time t = 4 (1997):

N(4) ~ 711,111
 
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