Math Problem Statement

Since January 1, 1960, the population of Slim Chance has been described by the formula P =22000(0.91)^t where P is the population of the city t years after the start of 1960. At what rate was the population changing on January 1, 1981?

Solution

To find the rate at which the population was changing on January 1, 1981, we need to determine the derivative of the population function P=22000(0.91)tP = 22000(0.91)^t with respect to tt and evaluate it at t=21t = 21 (since 1981 is 21 years after 1960).

Step 1: Differentiate the Population Function

The function given is: P=22000(0.91)tP = 22000(0.91)^t To find the rate of change, we differentiate PP with respect to tt.

Let: P=22000etln(0.91)P = 22000 \cdot e^{t \ln(0.91)} Using the chain rule, the derivative dPdt\frac{dP}{dt} is: dPdt=22000etln(0.91)ln(0.91)\frac{dP}{dt} = 22000 \cdot e^{t \ln(0.91)} \cdot \ln(0.91) Simplifying, we can substitute back: dPdt=22000(0.91)tln(0.91)\frac{dP}{dt} = 22000 \cdot (0.91)^t \cdot \ln(0.91)

Step 2: Substitute t=21t = 21

Now, plug t=21t = 21 into the derivative to find the rate of change at that time.

dPdtt=21=22000(0.91)21ln(0.91)\frac{dP}{dt} \Big|_{t=21} = 22000 \cdot (0.91)^{21} \cdot \ln(0.91)

Step 3: Calculate the Value

  1. Calculate (0.91)21(0.91)^{21}.
  2. Calculate ln(0.91)\ln(0.91) (approximately -0.0943).
  3. Multiply these values together with 22000.

Let me calculate this.The population of Slim Chance was changing at a rate of approximately 286.32-286.32 people per year on January 1, 1981. This negative rate indicates that the population was decreasing at that time.

Would you like further explanation on any part of this solution? Here are some additional questions you might find interesting:

  1. How would the rate of change differ for other years, such as 1970 or 1990?
  2. How is the rate of change affected by different growth factors?
  3. Can we determine when the population would theoretically reach zero?
  4. How would we interpret the result if the growth factor were greater than 1?
  5. How does the natural logarithm affect growth or decay rates in exponential models?

Tip: In exponential decay models like this, a negative rate of change over time indicates that the quantity (population, in this case) is decreasing as expected for each subsequent time period.

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Math Problem Analysis

Mathematical Concepts

Exponential Functions
Differentiation
Population Growth and Decay

Formulas

Exponential decay formula: P = P0 * (decay factor)^t
Derivative of an exponential function: dP/dt = P0 * (decay factor)^t * ln(decay factor)

Theorems

Chain Rule in Differentiation

Suitable Grade Level

Grades 11-12