7.8 Exponential Models with Differential Equations
- Syllabus
- 2020
- Topic
- 7.8
- Level
- —
“The rate of change is proportional to the amount present” means that the instantaneous rate dy/dt equals a constant multiple of the current quantity y. The resulting model is dy/dt=ky, so the rate changes whenever the amount changes.
\frac{dy}{dt}=ky\qquad\text{or, when }y\ne0,\qquad\frac{1}{y}\frac{dy}{dt}=k
| Symbol or sign | Contextual meaning |
|---|---|
| t | independent variable, usually time |
| y(t) | changing quantity |
| dy/dt | instantaneous change in y per unit time |
| k>0 | exponential growth |
| k<0 | exponential decay |
| units of k | inverse time, so ky has units of quantity/time |
In the illustrative model dy/dt=0.03y, if y=200 units at a certain time, then dy/dt=0.03(200)=6 units per time unit at that instant. The constant 0.03 is the relative growth rate; it is not a constant increase of 6 forever.
Do not confuse proportional change with constant change. dy/dt=k gives the same absolute change rate at every amount, whereas dy/dt=ky gives the same relative rate (dy/dt)/y=k. For motion along a line, the same interpretation rule applies: if y is position, dy/dt is velocity, so variable meanings must come from the context.
Solving dy/dt=ky by separation gives dy/y=kdt, so ln∣y∣=kt+C and the general solution is y=Cekt. The arbitrary constant C represents the possible starting amounts.
y(0)=y_0\qquad\Longrightarrow\qquad y(t)=y_0e^{kt}
At t=0, the general solution gives y(0)=Ce0=C, so the initial condition forces C=y0. Differentiating y0ekt gives ky0ekt=ky, verifying both the differential equation and the initial value.
For the illustrative initial-value problem dy/dt=0.2y and y(0)=50, the particular solution is y=50e0.2t. At t=3, the model gives y(3)=50e0.6 units. Because k=0.2>0, the amount grows; a negative k would produce decay.
The formula is mathematically defined for all real t, but a context beginning at t=0 may restrict use to t≥0. Keep the units of t consistent with those of k, and do not replace the continuous model ekt with (1+k)t unless a different discrete model is explicitly given.