The population of the Earth in 2017 was estimated to be $$\(7.53 \times 10^{9}\)$$. The population of the Earth in 2000 was estimated to be $$\(6.02 \times 10^{9}\)$$. Assume that the population of the Earth increased exponentially by $$\(y \%\)$$ each year for these 17 years. Find the value of $$\(y\)$$ $$\[ y= ............................................ \]$$
Exam No:0580_w20_qp_43 Year:2020 Question No:1(c)(ii)
Answer:
\(1.33\) or \(1.325 \ldots\)
Knowledge points:
E1.17 Use exponential growth and decay in relation to population and finance. (e.g. depreciation, growth of bacteria.)
Solution:
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