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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.

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Answer:

4

Step-by-step explanation:

Every year, the world grows by 1.1%. Converting to a decimal, we can divide by 100 to get 1.1% = 0.011. This means that the world grows by 0.011 exponentially each year. To put this into an expression, we can add 1 to our percentage to get 1.011. This represents 1 = 100% (the original population) and the growth of 1.1% = 0.011. We multiply the rate including the growth by the population to get the population after one year. After the first year, we have

population * 1.011 as the new population after one year. We do that for every year, so the second year's population is population*(1.011)*(1.011) and so on. If x represents the amount of years, then the population can be represented as

(original population)*1.011ˣ

Therefore, to get from 7 billion to 7.31 billion, we have

7 billion * 1.011ˣ = 7.31 billion

divide both sides by 7 billion to relatively isolate the x

1.011ˣ = 7.31/7

Another way of writing this is

log (base 1.011) (7.31/7) = x

≈ 3.96

Rounding to the nearest whole number, we get 4 as our answer

The number of years it takes for the population to grow from 7 billion to 7.31 billion is;

n = 4 years.

We are told that the population of the world grows exponentially by 1.1% per year. This is equivalent to growth of 0.011 per year exponentially.

Now, since the exponential rate is 0.011 per year, thus, if the original population is P, then after a year, the new population will be;

P_1 = 1.011¹ × P

After 2 years, it will be;

P_2 = 1.011² × P

Thus, if n represents the number of years after the initial population, then population after n years if original population is P is;

P_n = 1.011ⁿ × P

Now, we are told that the population grew from 7 billion to 7.31 billion.

Thus;

P = 7 billion

P = 7 billion P_n = 7.31 billion

Thus;

7 billion × 1.011ⁿ = 7.31 billion

divide both sides by 7 billion to get;

1.011ⁿ = 7.31/7

1.011ⁿ = 1.044285

n log 1.011 = log 1.044285

n = 0.018819/0.004751156

n ≈ 4 years

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