⫺150
1100
10⫺1
Figure 4.34
Figure 4.35
486 CHAPTER 4 Exponential and Logarithmic Functions 4-76
College Algebra—
CALCULATOR EXPLORATION AND DISCOVERY
Investigating Logistic Equations
As we saw in Section 4.4, logistics models have the form
where a, b, and c are constants and P(t)
represents the population at time t. For populations
modeled by a logistics curve (sometimes called an “
S”
curve) growth is very rapid at first (like an exponential
function), but this growth begins to slow down and level
off due to various factors. This Calculator Exploration and
Discovery is designed to investigate the effects that a, b,
and c have on the resulting graph.
I. From our earlier observation, as t becomes larger and
larger, the term becomes smaller and smaller
(approaching 0) because it is a decreasing function: as
If we allow that the term eventu-
ally becomes so small it can be disregarded, what
remains is or c. This is why c is called the
capacity constant and the population can get no
larger than c. In Figure 4.34, the graph of
P1t2
c
1
ae
bt
S 0.t Sq,
ae
bt
P1t2
c
1 ae
bt
,
Also note that if a is held constant, smaller values of c
cause the “interior” of the
S curve to grow at a slower rate
than larger values, a concept studied in some detail in a
Calculus I class.
II. If and we note the ratio
represents the initial population. This
also means for constant values of c, larger values of a
make the ratio smaller; while smaller values of
a make the ratio larger. From this we conclude
that a primarily affects the initial population. For the
c
1 a
c
1 a
P102
c
1 a
t 0, ae
bt
ae
0
a,
15. A copier is purchased new for $8000. The machine
loses 18% of its value each year and must be
replaced when its value drops below $3000. How
many years will the machine be in service?
16. How long would it take $1000 to double if invested
at 8% annual interest compounded daily?
17. The number of ounces of unrefined platinum drawn
from a mine is modeled by
where Q(t) represents the number of
ounces mined in t months. How many months did
it take for the number of ounces mined to exceed
3000?
18. Septashi can invest his savings in an account paying
7% compounded semi-annually, or in an account
paying 6.8% compounded daily. Which is the better
investment?
1900 ln 1t2,
Q1t22600
19. Jacob decides to save $4000 over the next 5 yr so
that he can present his wife with a new diamond ring
for their 20th anniversary. He invests $50 every
month in an account paying interest
compounded monthly. (a) Is this amount sufficient to
meet the 5-yr goal? (b) If not, find the minimum
amount he needs to save monthly that will enable
him to meet this goal.
20. Chaucer is a typical Welsh Corgi puppy. During his
first year of life, his weight very closely follows the
model , where W(t) is his
weight in pounds after t weeks and
a. How much will Chaucer weigh when he is 6 months
old (to the nearest one-tenth pound)?
b. To the nearest week, how old is Chaucer when he
weighs 8 lb?
8 t 52.
W1t2 6.79 ln t 11.97
8
1
4
%
and is
shown using a lighter line, while the graph of
and is
given in bold. The window size is indicated in
Figure 4.35.
c 7502,P1t2
750
1 50e
1x
1a 50, b 1,
c 10002P1t2
1000
1 50e
1x
1a 50, b 1,
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