world population in 1990 was about 5.3 billion, with intrinsic growth rate r of 0.0038 per year, assume a carrying capacity K = 100 billion for the world population

(i) write down the appropriate logistic IVP for this data, with t = 0 in 1990

world population in 1990 was about 5.3 billion, with intrinsic growth rate r of 0.0038 per year, assume a carrying capacity K = 100 billion for the world population

(i) write down the appropriate logistic IVP for this data, with t = 0 in 1990

Hint: The logistic differential equation is of the form $\displaystyle \frac {dP}{dt} = rP \left( 1 - \frac PK \right)$