Mathematics 0580 · IGCSE · Exponential growth and decay

Exponential growth and decay — practice question

(a)[3]

A book's price rises from $\$2.50$ to $\$2.65$. Calculate the percentage increase.

(b)[3]

Scott puts $\$500$ into an investment for 7 years at a simple interest rate of $1.5\%$ per year. Calculate the value of his investment after the 7 years.

(c)[2]

A city’s population is growing exponentially by $1.6\%$ each year. Find the overall percentage increase after 20 years.

(d)[3]

Calculate the value of $r$.

Worked solution & mark scheme

This 11-mark question has a full step-by-step worked solution and mark scheme. One marking point: The percentage increase is 6%.

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