Hey guys, I am currently trying to plot the graph of the equation
N(t+1) = Lambda * N(t)
Where Lambda is a constant.
It is the basic unlimitted growth equation, and ideally i would like to plot it for different values of N(0) and different Lambda
Only problem is, I have no idea how I plot this, do I need to solve it? if so how do i solve such an equation, i seem to remember somewhere that the solution would be N(t) = N(0) exp lambda*t
is that correct?
I am using the computer program Autograph, which lets me enter any equation (apart from ones like this :P) Hence I guess i need to solve it and plot the solution? Im kinda confusing myself.
Many thanks for any help!