Exponential growth with different time steps
Consider again our example forest with trees:
For the time step years the growth factor is . What is the growth factor for the step size , that is, by what factor increases the number of trees every years? Clearly will be smaller than , but what is the exact number? To find out, we draw again the diagram, but with step size :
We see that
What about a time step of ? What is the growth factor then? Again, we can draw the diagram:
And we see that to get from to we have to multiply by
Let's generalise. The following is straightforward to see:
Consider a quantity that grows exponentially with growth factor for every step in time :
If we multiply the time step by some factor , so that the new time step is :
then the new growth factor is given by .
Proof
Let's prove this. Assume the quantity at time is . For time step the growth factor is , thus we have
Now, what is the growth factor for time step , where is a real number? Lets figure out the quantity at time :
So we see that to get from to we need to multiply by the factor .
In the example above we had had a step size and the growth factor was . We then have seen that for step size (that is, ) the growth factor is , and for the step size (that is, ) we have seen that the growth factor is .
The number of cells is , and the cell number doubles every quarter of an hour. Determine the growth factor for
-
every hour
-
every minutes
Solution
Growth factor for hour
- , thus the cell number is multiplied by every hour.
- minutes are hour. So find with , thus . Thus, the cell number multiplies by the factor every minutes.