
To find: The difference between exponential, continuous exponential, logistic growth and calculate population.

Answer to Problem 18HP
The population after 30 years will be
Explanation of Solution
Given information:
Calculation:
The exponential function can be used to model situations that incorporate a percentage of growth or decay for a specific number of times per year.
Now, taking an example of an exponential function ,
Where,
There is
Therefore, the amount of uranium left after
The continuous exponential function can be used to model situations that incorporates a percentage of growth or decay continuously.
The logistic function can be used to model situations that incorporate a percentage of growth or decay continuously and consists of a limiting factor.
Consider the following logistic function.
Consider the example of population growth. The population can be modeled using the equation
Hence, population after 30 years is
Therefore the population after 30 years will be
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