We are asked to determine the continuous growth rate. To do that we will use the following function:
[tex]P(t)=P_0e^{kt}[/tex]Where "P0" is the initial population, "k" is the growth rate, and "t" is time. Replacing the initial population of 5 we get:
[tex]P(t)=5e^{kt}[/tex]Now we are told that the population is 13 when the time is 3 hours. Replacing we get:
[tex]13=5e^{3k}[/tex]Now we solve for "k". First, by dividing both sides by 5:
[tex]\frac{13}{5}=e^{3k}[/tex]Now we take natural logarithm to both sides:
[tex]\ln (\frac{13}{5})=\ln (e^{3k})[/tex]Now we use the following property of logarithms:
[tex]\ln x^y=y\ln x[/tex]Applying the property:
[tex]\ln (\frac{13}{5})=3k\ln e[/tex]We have that the value of ln(e) is 1, therefore:
[tex]\ln (\frac{13}{5})=3k[/tex]Now we divide both sides by 3:
[tex]\frac{1}{3}\ln (\frac{13}{5})=k[/tex]Solving the operation we get:
[tex]0.319=k[/tex]Therefore, the growth rate is 0.319.