A town of 12,000 people grows continuously at 2.5% a year. When will it reach 20,000?
12000e0.025t=20000
1
Isolate the power
Divide both sides by 12,000. The power must stand alone before a logarithm can bring t down, and 20,000/12,000=5/3.
e0.025t=35
2
Take ln of both sides
ln undoes the base e, since ln(eu)=u for every u. The exponent comes down whole.
0.025t=ln35
3
Solve for t
Divide by the rate. ln(5/3)≈0.5108, and 0.5108/0.025≈20.43.
t=0.025ln35
4
Round and check
t≈20.4 years. The rule of 70 gives a doubling time of 70÷2.5=28 years, and growing by 2/3 should take a good part of one doubling, so 20 years is reasonable. 12,000e0.025×20.43≈20,000.
t≈20.4
Result
After about 20.4 years.
t=0.025ln35≈20.4
Your turn
1. One like the example
A town of 8000 grows continuously at 3% a year. When does it reach 12,000?
Show the answer and explanation
After about 13.5 years.
Divide by 8000 to get e0.03t=1.5. Then 0.03t=ln1.5≈0.4055, so t≈13.5 years. Growing by half should take less than the doubling time of about 23 years, and it does.
A culture grows continuously from 500 cells to 2000 cells in 6 hours. Find its rate k per hour.
Show the answer and explanation
k=ln4/6≈0.231 per hour.
Here the time is known and the rate is not. 500e6k=2000 gives e6k=4, so 6k=ln4≈1.386 and k≈0.231. Quadrupling is two doublings in 6 hours, one every 3 hours, and ln2/0.231≈3.
500e6k=2000e6k=46k=ln4k=6ln4k≈0.231
3. Somewhere new
A car worth $30,000 loses value continuously at 15% a year. When is it worth $12,000?
Show the answer and explanation
After about 6.1 years.
Decay makes the rate negative, so the model is 30,000e−0.15t. Setting it to 12,000 gives e−0.15t=0.4, so −0.15t=ln0.4≈−0.9163 and t≈6.1 years. Both negatives cancel, so the time comes out positive.