Applications - Growth and Decay
What You’ll Learn
Section titled “What You’ll Learn”You will learn how to model and solve real-world growth and decay problems using separable differential equations, including unlimited exponential growth, exponential decay, and limited logistic growth.
The Concept
Section titled “The Concept”Many natural processes involve a rate of change that is proportional to the current amount. These lead to the differential equation:
This is the classic exponential growth/decay model. Its solution is:
When resources are limited, growth slows down near a carrying capacity. This is modeled by the logistic equation:
where is the carrying capacity. This is still separable but requires partial fractions to solve.
The visual above compares pure exponential growth (red) with logistic growth (blue) approaching a carrying capacity. Notice how the logistic curve flattens out while the exponential keeps climbing.
Worked Examples
Section titled “Worked Examples”Example 1: Exponential Decay
The half-life of Carbon-14 is 5730 years. How much of a 100-gram sample remains after 10,000 years?
Solution: The decay constant is .
Example 2: Unlimited Growth
A bacteria culture grows at a rate proportional to its size. It doubles every 3 hours. How long until it reaches 10 times the original amount?
Solution: . Set :
Example 3: Logistic Growth
A population satisfies with . Find the population after 10 units of time.
Solution: The solution is:
At : .
Real-World Application
Section titled “Real-World Application”These models are used everywhere. Radiocarbon dating relies on exponential decay of Carbon-14. Banks use continuous compounding (exponential growth) for interest. Biologists model fish populations in lakes with logistic growth to set sustainable fishing limits. Epidemiologists used logistic-style models during the COVID-19 pandemic to predict infection curves and the effect of interventions. Even your phone’s battery percentage decreasing over time follows a rough exponential decay pattern.
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