MATHEMATICS · Subjective · AP · Calculus AB · Differential Equations · Differential Equations
Problem
Consider the exponential growth model P(t)=P0ekt, where P0 is the initial amount and k is a constant.
Explain, with complete algebraic reasoning, how measurements of the population P(t1) at time t1 and P(t2) at a later time t2 allow determination of the constant k without requiring knowledge of P0. Derive an explicit formula for k in terms of the two measured values and the time interval (t2−t1).