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Esponential Growth and Interest Hard Done

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16 views5 pages

Esponential Growth and Interest Hard Done

Uploaded by

niya.sokolova2006
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Exponential Growth & Decay


Difficulty: Hard
Question Paper 1
Level IGCSE
Subject Maths (0580/0980)
Exam Board CIE
Topic Number
Sub‐Topic Exponential Growth & Decay
Paper Paper 2
Difficulty Hard
Booklet Question Paper 1

Time allowed: 28 minutes

Score: /22

Percentage: /100

Grade Boundaries:

CIE IGCSE Maths (0580)


A* A B C D E
>88% 76% 63% 51% 40% 30%

CIE IGCSE Maths (0980)


9 8 7 6 5 4 3
>94% 85% 77% 67% 57% 47% 35%
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Question 1

Marcel invests $2500 for 3 years at a rate of 1.6% per year simple interest.
Jacques invests $2000 for 3 years at a rate of x% per year compound interest.
At the end of the 3 years Marcel and Jacques receive the same amount of interest.

Calculate the value of x correct to 3 significant figures. [5]

Question 2
The population of the world grows exponentially at a rate of 1.1% per year.

Find the number of years it takes for the population to grow from 7 billion to 7.31 billion.
Give your answer correct to the nearest whole number. [2]

2
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Question 3
It is estimated that the world’s population is growing at a rate of 1.14% per year.
On January 1st 2014 the population was 7.23 billion.

(a) Find the expected population on January 1st 2020. [2]

(b) Find the year when the population is expected to reach 10 billion. [2]

3
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Question 4

At the start of an experiment there are 20000 bacteria.


The number of bacteria increases at a rate of 30% per hour.

(a) Work out the number of bacteria after 4 hours. [2]

(b) After how many whole hours, from the start of the experiment, will the number of bacteria be greater
than one million?

[2]

4
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Question 5
Boris invests $280 for 2 years at a rate of 3% per year compound interest.

Calculate the interest Boris receives at the end of the 2 years.


Give your answer correct to 2 decimal places. [4]

Question 6
Zainab borrows $198 from a bank to pay for a new bed.
The bank charges compound interest at 1.9 % per month.
Calculate how much interest she owes at the end of 3 months. [3]
Give your answer correct to 2 decimal places.

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