User interface language: English | Español

SL Paper 2

John purchases a new bicycle for 880 US dollars (USD) and pays for it with a Canadian credit card. There is a transaction fee of 4.2 % charged to John by the credit card company to convert this purchase into Canadian dollars (CAD).

The exchange rate is 1 USD = 1.25 CAD.

John insures his bicycle with a US company. The insurance company produces the following table for the bicycle’s value during each year.

The values of the bicycle form a geometric sequence.

During the 1st year John pays 120 USD to insure his bicycle. Each year the amount he pays to insure his bicycle is reduced by 3.50 USD.

Calculate, in CAD, the total amount John pays for the bicycle.

[3]
a.

Find the value of the bicycle during the 5th year. Give your answer to two decimal places.

[3]
b.

Calculate, in years, when the bicycle value will be less than 50 USD.

[2]
c.

Find the total amount John has paid to insure his bicycle for the first 5 years.

[3]
d.

John purchased the bicycle in 2008.

Justify why John should not insure his bicycle in 2019.

[3]
e.

Markscheme

* This question is from an exam for a previous syllabus, and may contain minor differences in marking or structure.

1.042 × 880 × 1.25  OR  (880 + 0.042 × 880) × 1.25      (M1)(M1)

Note: Award (M1) for multiplying 880 by 1.042 and (M1) for multiplying 880 by 1.25.

1150 (CAD)  (1146.20 (CAD))      (A1)(G2)

Note: Accept 1146.2 (CAD)

[3 marks]

a.

704 880   OR  563.20 704       (M1)

Note: Award (M1) for correctly dividing sequential terms to find the common ratio, or 0.8 seen.

880(0.8)5−1      (M1)

Note: Award (M1) for correct substitution into geometric sequence formula.

360.45 (USD)      (A1)(G3)

Note: Do not award the final (A1) if the answer is not correct to 2 decimal places. Award at most (M0)(M1)(A0) if r = 1.25 .

[3 marks]

b.

880 ( 0.8 ) n 1 < 50      (M1)

Note: Award (M1) for correct substitution into geometric sequence formula and (in)equating to 50. Accept weak or strict inequalities. Accept an equation. Follow through from their common ratio in part (b). Accept a sketch of their GP with y = 50 as a valid method.

OR

u 13 = 60.473   AND   u 14 = 48.379       (M1)

Note: Award (M1) for their u 13 and u 14 both seen. If the student states u 14 = 48.379 < 50 , without u 13 = 60.473 seen, this is not sufficient to award (M1).

14 or “14th year” or “after the 13th year”     (A1)(ft)(G2)

Note: The context of the question requires the final answer to be an integer. Award at most (M1)(A0) for a final answer of 13.9 years. Follow through from their 0.8 in part (b).

[2 marks]

c.

5 2 ( ( 2 × 120 ) + ( 3.5 ( 5 1 ) ) )     (M1)(A1)

Note: Award (M1) for substitution into arithmetic series formula, (A1) for correct substitution.

565 (USD)    (A1)(G2)

[3 marks]

d.

2019 is the 12th year/term        (M1)

Note: Award (M1) for 12 seen.

75.59 (value of bicycle)  AND  81.5 (cost of insurance policy)       (A1)(ft)

Note: Award (A1) for both sequences’ 12th term seen. The value of the bicycle will follow through from their common ratio in part (b). Do not award (M0)(A1).

the cost of the insurance policy is greater than the value of the bicycle      (R1)(ft)

Note: Award (R1)(ft) for a reason consistent with their cost of insurance policy and their value of the bicycle. Follow through within this part. Award (R0) if the correct values are not explicitly seen. Accept the following contextualized reasons: “the insurance is not worth it", "the values are too close", "insurance is as much as the value of the bike", but only if their cost of insurance is greater than the value of the bicycle.

OR

75.59 < 81.5       (R1)(ft)

Note: Award (R1)(ft) for a correct numerical comparison showing their cost of insurance policy is greater than their value of the bicycle. Follow through within this part.

[3 marks]

e.

Examiners report

[N/A]
a.
[N/A]
b.
[N/A]
c.
[N/A]
d.
[N/A]
e.



Consider the expansion of (3+x2)n+1, where n+ .

Given that the coefficient of x4 is 20412, find the value of n.

Markscheme

METHOD 1

product of a binomial coefficient, a power of 3 (and a power of x2) seen         (M1)

evidence of correct term chosen           (A1)

C2n+1×3n+1-2×x22 =nn+12×3n-1×x4  OR  n-r=1

equating their coefficient to 20412 or their term to 20412x4         (M1)

 

EITHER

C2n+1×3n-1=20412           (A1)

 

OR

Crr+2×3r=20412r=6           (A1)

 

THEN

n=7         A1

 


METHOD 2

3n+11+x23n+1

product of a binomial coefficient, and a power of x23  OR  13 seen         (M1)

evidence of correct term chosen           (A1)

3n+1×nn+12!×x232 =3n-12nn+1x4 

equating their coefficient to 20412 or their term to 20412x4         (M1)

3n-1×nn+12=20412           (A1)

n=7         A1

 

[5 marks]

Examiners report

[N/A]



A large underground tank is constructed at Mills Airport to store fuel. The tank is in the shape of an isosceles trapezoidal prism, ABCDEFGH.

AB=70m , AF=200m, AD=40m, BC=40m and CD=110m. Angle ADC=60° and angle BCD=60°. The tank is illustrated below.

Once construction was complete, a fuel pump was used to pump fuel into the empty tank. The amount of fuel pumped into the tank by this pump each hour decreases as an arithmetic sequence with terms u1, u2, u3, , un.

Part of this sequence is shown in the table.

At the end of the 2nd hour, the total volume of fuel in the tank was 88200m3.

Find h, the height of the tank.

[2]
a.

Show that the volume of the tank is 624000m3, correct to three significant figures.

[3]
b.

Write down the common difference, d.

[1]
c.

Find the amount of fuel pumped into the tank in the 13th hour.

[2]
d.

Find the value of n such that un=0.

[2]
e.i.

Write down the number of hours that the pump was pumping fuel into the tank.

[1]
e.ii.

Find the total amount of fuel pumped into the tank in the first 8 hours.

[2]
f.

Show that the tank will never be completely filled using this pump.

[3]
g.

Markscheme

* This question is from an exam for a previous syllabus, and may contain minor differences in marking or structure.

sin60°=h40  OR  tan60°=h20           (M1)


Note:
 Award (M1) for correct substitutions in trig ratio.


OR

202+h2=402     402-202           (M1)


Note: Award (M1) for correct substitutions in Pythagoras’ theorem.


h= 34.6 m  1200, 203, 34.6410       (A1)(G2)


[2 marks]

a.

1270+11034.6410×200           (M1)(M1)


Note:
Award (M1) for their correctly substituted area of trapezium formula, provided all substitutions are positive. Award (M1) for multiplying by 200. Follow through from part (a).


OR


2×12×20×34.6410+70×34.6410×200           (M1)(M1)


Note: Award (M1) for the addition of correct areas for two triangles and one rectangle. Award (M1) for multiplying by 200. Follow through from part (a).


OR


70×34.6410×200+2×12×34.6410×20×200           (M1)(M1)


Note:
 Award (M1) for their correct substitution in volume of cuboid formula. Award (M1) for correctly substituted volume of triangular prism(s). Follow through from part (a).


623538         (A1)

624000m3            (AG)


Note:
Both an unrounded answer that rounds to the given answer and the rounded value must be seen for the (A1) to be awarded.


[3 marks]

b.

d=  -1800           (A1)


[1 mark]

c.

u13=   45000+13-1-1800           (M1)


Note:
Award (M1) for correct substitutions in arithmetic sequence formula.
OR
Award (M1) for a correct 4th term seen as part of list.


23400  m3        (A1)(ft)(G2)


Note:
Follow through from part (c) for their value of d.


[2 marks]

d.

0=45000+n-1-1800           (M1)


Note:
Award (M1) for their correct substitution into arithmetic sequence formula, equated to zero.


n=   26        (A1)(ft)(G2)


Note:
Follow through from part (c). Award at most (M1)(A0) if their n is not a positive integer.


[2 marks]

e.i.

25           (A1)(ft)


Note:
Follow through from part (e)(i), but only if their final answer in (e)(i) is positive. If their n in part (e)(i) is not an integer, award  (A1)(ft) for the nearest lower integer.


[1 mark]

e.ii.

S8= 822×45000+8-1×-1800           (M1)


Note:
Award (M1) for their correct substitutions in arithmetic series formula. If a list method is used, award (M1) for the addition of their 8 correct terms.


310000 m3 309600       (A1)(ft)(G2)


Note: Follow through from part (c). Award at most (M1)(A0) if their final answer is greater than 624000.


[2 marks]

f.

S25= 2522×45000+25-1×-1800  ,  S25= 25245000+1800           (M1)


Note:
Award (M1) for their correct substitutions into arithmetic series formula.


S25=585000 m3       (A1)(ft)(G1)


Note: Award (M1)(A1) for correctly finding S26=585000 m3, provided working is shown e.g. S26= 2622×45000+26-1×-1800 , S26= 26245000+0. Follow through from part (c) and either their (e)(i) or (e)(ii). If d<0 and their final answer is greater than 624000, award at most (M1)(A1)(ft)(R0). If d>0, there is no maximum, award at most (M1)(A0)(R0). Award no marks if their number of terms is not a positive integer.


585000 m3<624000 m3        (R1)

Hence it will never be filled        (AG)


Note: The (AG) line must be seen. If it is omitted do not award the final (R1). Do not follow through within the part.
For unsupported S25=585000 seen, award at most (G1)(R1)(AG). Working must be seen to follow through from parts (c) and (e)(i) or (e)(ii).


OR


Sn= n22×45000+n-1×-1800           (M1)


Note: Award (M1) for their correct substitution into arithmetic series formula, with n.


Maximum of this function 585225 m3       (A1)


Note: Follow through from part (c). Award at most (M1)(A1)(ft)(R0) if their final answer is greater than 624000. Award at most (M1)(A0)(R0) if their common difference is not 1800. Award at most (M1)(A0)(R0) if 585225 is not explicitly identified as the maximum of the function.


585225 m3<624000 m3        (R1)

Hence it will never be filled        (AG)


Note: The (AG) line must be seen. If it is omitted do not award the final (R1). Do not follow through within the part.


OR


sketch with concave down curve and labelled 624000 horizontal line           (M1)


Note: Accept a label of “tank volume” instead of a numerical value. Award (M0) if the line and the curve intersect.


curve explicitly labelled as Sn= n22×45000+n-1×-1800 or equivalent       (A1)

Note:
Award (A1) for a written explanation interpreting the sketch. Accept a comparison of values, e.g 585225 m3<624000 m3, where 585225 is the graphical maximum. Award at most (M1)(A0)(R0) if their common difference is not 1800.


the line and the curve do not intersect        (R1)

hence it will never be filled        (AG)


Note: The (AG) line must be seen. If it is omitted do not award the final (R1). Do not follow through within the part.


OR


624000=n22×45000+n-1×-1800           (M1)


Note: Award (M1) for their correctly substituted arithmetic series formula equated to 624000 (623538).


Demonstrates there is no solution       (A1)


Note: Award (A1) for a correct working that the discriminant is less than zero OR correct working indicating there is no real solution in the quadratic formula.


There is no (real) solution (to this equation)       (R1)

hence it will never be filled        (AG)


Note: At most (M1)(A0)(R0) for their correctly substituted arithmetic series formula =624000, 623538 or 622800 with a statement "no solution". Follow through from their part (b).


[3 marks]

g.

Examiners report

[N/A]
a.
[N/A]
b.
[N/A]
c.
[N/A]
d.
[N/A]
e.i.
[N/A]
e.ii.
[N/A]
f.
[N/A]
g.



Two friends Amelia and Bill, each set themselves a target of saving $20000. They each have $9000 to invest.

Amelia invests her $9000 in an account that offers an interest rate of 7% per annum compounded annually.

A third friend Chris also wants to reach the $20000 target. He puts his money in a safe where he does not earn any interest. His system is to add more money to this safe each year. Each year he will add half the amount added in the previous year.

Find the value of Amelia’s investment after 5 years to the nearest hundred dollars.

[3]
a.i.

Determine the number of years required for Amelia’s investment to reach the target.

[2]
a.ii.

Bill invests his $9000 in an account that offers an interest rate of r% per annum compounded monthly, where r is set to two decimal places.

Find the minimum value of r needed for Bill to reach the target after 10 years.

[3]
b.

Show that Chris will never reach the target if his initial deposit is $9000.

[5]
c.i.

Find the amount Chris needs to deposit initially in order to reach the target after 5 years. Give your answer to the nearest dollar.

[3]
c.ii.

Markscheme

EITHER

9000×1+71005           (A1)

12622.965           (A1)

 

OR

n=5
I%=7
PV=9000
P/Y=1
C/Y=1           (A1)
±12622.965           (A1)

 

THEN

($)12600           A1

 

[3 marks]

a.i.

EITHER

90001+7100x=20000           (A1)

 

OR

I%=7
PV=9000
FV=±20000
P/Y=1
C/Y=1           (A1)

 

THEN

=12 (years)           A1

 

[2 marks]

a.ii.

METHOD 1

attempt to substitute into compound interest formula (condone absence of compounding periods)           (M1)

90001+r100×1212×10=20000

8.01170           (A1)

r=8.02%           A1

 

METHOD 2

n=10
PV=±9000
FV=20000
P/Y=1
C/Y=12
r=8.01170           (M1)(A1)

 

Note: Award M1 for an attempt to use a financial app in their technology, award A1 for ( r=) 8.01170

 

r=8.02%           A1

 

[3 marks]

b.

recognising geometric series (seen anywhere)           (M1)

r=45009000 =12           (A1)

 

EITHER

considering S           (M1)

90001-0.5=18000           A1

correct reasoning that 18000<20000           R1

 

Note: Accept S<20000 only if S has been calculated.

 

OR

considering Sn for a large value of n, n80           (M1)

 

Note: Award M1 only if the candidate gives a valid reason for choosing a value of n, where 50n<80.

 

correct value of Sn for their n           A1

valid reason why Chris will not reach the target, which involves their choice of n, their value of Sn and Chris’ age OR using two large values of n to recognize asymptotic behaviour of Sn as n.           R1

 

Note: Do not award the R mark without the preceding A mark.

 

THEN

Therefore, Chris will never reach the target.           AG

 

[5 marks]

c.i.

recognising geometric sum           M1

u11-0.550.5=20000           (A1)

10322.58

($)10323           A1

 

[3 marks]

c.ii.

Examiners report

[N/A]
a.i.
[N/A]
a.ii.
[N/A]
b.
[N/A]
c.i.
[N/A]
c.ii.



Tommaso plans to compete in a regional bicycle race after he graduates, however he needs to buy a racing bicycle. He finds a bicycle that costs 1100 euro (EUR). Tommaso has 950 EUR and invests this money in an account that pays 5 % interest per year, compounded monthly.

The cost of the bicycle, C , can be modelled by C = 20 x + 1100 , where x is the number of years since Tommaso invested his money.

Determine the amount that he will have in his account after 3 years. Give your answer correct to two decimal places.

[3]
a.

Find the difference between the cost of the bicycle and the amount of money in Tommaso’s account after 3 years. Give your answer correct to two decimal places.

[3]
b.

After m complete months Tommaso will, for the first time, have enough money in his account to buy the bicycle.

Find the value of m .

[5]
c.

Markscheme

* This question is from an exam for a previous syllabus, and may contain minor differences in marking or structure.

950 × ( 1 + 5 12 × 100 ) 12 × 3     (M1)(A1)

Note: Award (M1) for substitution in the compound interest formula: (A1) for correct substitution.

OR

N = 3
I% = 5
PV = 950
P/Y = 1
C/Y = 12    (A1)(M1)

Note: Award (A1) for C/Y = 12 seen, (M1) for other correct entries.

OR

N = 36
I% = 5
PV = 950
P/Y = 12
C/Y = 12    (A1)(M1)

Note: Award (A1) for C/Y = 12 seen, (M1) for other correct entries.

1103.40 (EUR)    (A1)(G3)

Note: Answer must be given to 2 decimal places.

[3 marks]

a.

(20 × 3 + 1100) − 1103.40    (M1)(M1)

Note: Award (M1) for correct substitution into cost of bike function, (M1) for subtracting their answer to part (a). This subtraction may be implied by their final answer (follow through from their part (a) for this implied subtraction).

55.60 (EUR)    (A1)(ft)(G3)

Note: Follow through from part (a). The answer must be two decimal places.

[3 marks]

b.

METHOD 1

950 × ( 1 + 5 12 × 100 ) 12 x = 20 x + 1100      (M1)(M1)

Note: Award (M1) for their correct substitution in the compound interest formula with a variable in the exponent; (M1) for comparing their expressions provided variables are the same (not an expression with x for years and another with x representing months). Award at most (M0)(M1)(A0)(M1)(A0) for substitution of an integer in both expressions and comparison of the results. Accept inequality.

( x =) 4.52157… (years)    (A1)(ft)

4.52157… × 12 (= 54.2588…)     (M1)

Note: Award (M1) for multiplying their value for x by 12. This may be implied.

m = 55 (months)    (A1)(ft)(G4)

 

METHOD 2

950 × ( 1 + 5 12 × 100 ) m = 20 × m 12 + 1100      (M1)(M1)(M1)

Note: Award (M1) for their correct substitution in the compound interest formula with a variable in the exponent to solve; (M1) for comparing their expressions provided variables are the same; (M1) for converting years to months in these expressions. Award at most (M0)(M1)(A0)(M1)(A0) for substitution of an integer in both expressions and comparison of the results. Accept inequality.

m = 54.2588… (months)    (A1)(ft)

m = 55 (months)    (A1)(ft)(G4)

 

METHOD 3

     (M1)(M1)

Note: Award (M1) for each graph drawn.

( x =) 4.52157… (years)    (A1)(ft)

4.52157… × 12 (= 54.2588…)     (M1)

Note: Award (M1) for multiplying their value for x by 12. This may be implied.

      If the graphs drawn are in terms of months, leading to a value of 54.2588…, award (M1)(M1)(M1)(A1), consistent with METHOD 2.

m = 55 (months)    (A1)(ft)(G4)

Note: Follow through for a compound interest formula consistent with their part (a). The final (A1)(ft) can only be awarded for correct answer, or their correct answer following through from previous parts and only if value is rounded up. For example, do not award (M0)(M0)(A0)(M1)(A1)(ft) for an unsupported “5 years × 12 = 60” or similar.

 

[5 marks]

c.

Examiners report

[N/A]
a.
[N/A]
b.
[N/A]
c.



An arithmetic sequence has first term 60 and common difference -2.5.

Given that the kth term of the sequence is zero, find the value of k.

[2]
a.

Let Sn denote the sum of the first n terms of the sequence.

Find the maximum value of Sn.

[3]
b.

Markscheme

attempt to use u1+n-1d=0            (M1)

60-2.5k-1=0

k=25                          A1

 

[2 marks]

a.

METHOD 1

attempting to express Sn in terms of n            (M1)

use of a graph or a table to attempt to find the maximum sum            (M1)

=750                A1

 

METHOD 2


EITHER

recognizing maximum occurs at n=25           (M1)

S25=25260+0, S25=2522×60+24×-2.5          (A1)


OR

attempting to calculate S24          (M1)

S24=2422×60+23×-2.5          (A1)


THEN

=750                A1

 

[3 marks]

b.

Examiners report

[N/A]
a.
[N/A]
b.



A new café opened and during the first week their profit was $60.

The café’s profit increases by $10 every week.

A new tea-shop opened at the same time as the café. During the first week their profit was also $60.

The tea-shop’s profit increases by 10 % every week.

Calculate the café’s total profit for the first 12 weeks.

[3]
b.

Calculate the tea-shop’s total profit for the first 12 weeks.

[3]
d.

Markscheme

12 2 ( 2 × 60 + 11 × 10 )      (M1)(A1)(ft)

Note: Award (M1) for substituting the arithmetic series formula, (A1)(ft) for correct substitution. Follow through from their first term and common difference in part (a).

= ($) 1380     (A1)(ft)(G2)

[3 marks]

 

b.

60 ( 1.1 12 1 ) 1.1 1      (M1)(A1)(ft)

Note: Award (M1) for substituting the geometric series formula, (A1)(ft) for correct substitution. Follow through from part (c) for their first term and common ratio.

= ($)1280  (1283.05…)     (A1)(ft)(G2)

[3 marks]

d.

Examiners report

[N/A]
b.
[N/A]
d.



In this question, give all answers correct to two decimal places.

Sam invests $1700 in a savings account that pays a nominal annual rate of interest of 2.74%, compounded half-yearly. Sam makes no further payments to, or withdrawals from, this account.

David also invests $1700 in a savings account that pays an annual rate of interest of r%, compounded yearly. David makes no further payments or withdrawals from this account.

Find the amount that Sam will have in his account after 10 years.

[3]
a.

Find the value of r required so that the amount in David’s account after 10 years will be equal to the amount in Sam’s account.

[2]
b.

Find the interest David will earn over the 10 years.

[1]
c.

Markscheme

Note: The first time an answer is not given to two decimal places, the final A1 in that part is not awarded.

 

EITHER

N=10              OR             N=20

I%=2.74                           I%=2.74

PV=1700                     PV=1700

P/Y=1                              P/Y=2

C/Y=2                              C/Y=2              (M1)(A1)

 

Note: Award (M1) for an attempt to use a financial app in their technology with at least two entries seen, and award (A1) for all entries correct. Accept a positive or negative value for PV.


OR

17001+0.027422×10         (M1)(A1)

 

Note: Award (M1) for substitution into compound interest formula.
Award (A1) for correct substitution.


THEN

$2231.71        A1

 

[3 marks]

a.

Note: The first time an answer is not given to two decimal places, the final A1 in that part is not awarded.

 

EITHER

N=10

PV=1700

FV=±2231.71

P/Y=1

C/Y=1             (M1)

 

Note: Award (M1) for an attempt to use a financial app in their technology with at least two entries seen.


OR

17001+r10010=2231.71         (M1)

 

THEN

r=2.75876

r=2.76        A1

 

Note: Ignore omission of opposite signs for PV and FV if r=2.76 is obtained.

 

[2 marks]

b.

Note: The first time an answer is not given to two decimal places, the final A1 in that part is not awarded.

 

$531.71         A1 

 

[1 mark]

c.

Examiners report

This was the only short question which was not common to both HL and SL papers.

Candidates found this question a straightforward start, with the majority being able to attempt all three parts. While most candidates initially gave answers to two decimal places as required, many subsequently rounded their answers to three significant figures. In parts (a) and (b), most used the compound interest formula rather than the finance app on their GDC. Difficulty using the formula arose in determining the value of r (0.0274 was often seen, rather than 2.74) and the value of k. Many candidates struggled to correctly interpret 'half-yearly', and attempted to use either k=6 or k=12 in the formula.

In part (b), a correct equation was usually seen, but lengthy analytical methods to solving it were favoured, with varying degrees of success, over an approach using the GDC. A common error was an attempt to use logarithms rather than the tenth root. It was not uncommon to see a final answer of either 2.76% or 0.0276, rather than 2.76. Many did not know what was meant by 'interest' in part (c). Those that did often recalculated David's amount using their value of r, rather than subtract $1700 from Sam's amount.

The candidates who attempted to use a finance app on their GDC in this question were generally able to give accurate and concise answers. In the case where they obtained an incorrect answer, most gave sufficient detail of the values they were using in the app, to be awarded the method mark. The most common error seen was the use of an incorrect value for the number of payments per year or the number of compounding periods per year.

a.
[N/A]
b.
[N/A]
c.



The following table shows values of ln x and ln y.

The relationship between ln x and ln y can be modelled by the regression equation ln y = a ln x + b.

Find the value of a and of b.

[3]
a.

Use the regression equation to estimate the value of y when x = 3.57.

[3]
b.

The relationship between x and y can be modelled using the formula y = kxn, where k ≠ 0 , n ≠ 0 , n ≠ 1.

By expressing ln y in terms of ln x, find the value of n and of k.

[7]
c.

Markscheme

* This question is from an exam for a previous syllabus, and may contain minor differences in marking or structure.

valid approach      (M1)

eg  one correct value

−0.453620, 6.14210

a = −0.454, b = 6.14      A1A1 N3

[3 marks]

a.

correct substitution     (A1)

eg   −0.454 ln 3.57 + 6.14

correct working     (A1)

eg  ln y = 5.56484

261.083 (260.409 from 3 sf)

y = 261, (y = 260 from 3sf)       A1 N3

Note: If no working shown, award N1 for 5.56484.
If no working shown, award N2 for ln y = 5.56484.

[3 marks]

b.

METHOD 1

valid approach for expressing ln y in terms of ln x      (M1)

eg  ln y = ln ( k x n ) , ln ( k x n ) = a ln x + b

correct application of addition rule for logs      (A1)

eg  ln k + ln ( x n )

correct application of exponent rule for logs       A1

eg  ln k + n ln x

comparing one term with regression equation (check FT)      (M1)

eg   n = a , b = ln k

correct working for k      (A1)

eg   ln k = 6.14210 , k = e 6.14210

465.030

n = 0.454 , k = 465  (464 from 3sf)     A1A1 N2N2

 

METHOD 2

valid approach      (M1)

eg   e ln y = e a ln x + b

correct use of exponent laws for  e a ln x + b      (A1)

eg   e a ln x × e b

correct application of exponent rule for  a ln x      (A1)

eg   ln x a

correct equation in y      A1

eg   y = x a × e b

comparing one term with equation of model (check FT)      (M1)

eg   k = e b , n = a

465.030

n = 0.454 , k = 465 (464 from 3sf)     A1A1 N2N2

 

METHOD 3

valid approach for expressing ln y in terms of ln x (seen anywhere)      (M1)

eg   ln y = ln ( k x n ) , ln ( k x n ) = a ln x + b

correct application of exponent rule for logs (seen anywhere)      (A1)

eg   ln ( x a ) + b

correct working for b (seen anywhere)      (A1)

eg   b = ln ( e b )

correct application of addition rule for logs      A1

eg   ln ( e b x a )

comparing one term with equation of model (check FT)     (M1)

eg   k = e b , n = a

465.030

n = 0.454 , k = 465 (464 from 3sf)     A1A1 N2N2

[7 marks]

c.

Examiners report

[N/A]
a.
[N/A]
b.
[N/A]
c.



The sum of the first n terms of a geometric sequence is given by Sn=Σr=1n2378r.

Find the first term of the sequence, u1.

[2]
a.

Find S.

[3]
b.

Find the least value of n such that S-Sn<0.001.

[4]
c.

Markscheme

u1=S1=23×78                 (M1)

=1424=712=0.583333                 A1


[2 marks]

a.

r=78=0.875                 (A1)

substituting their values for u1 and r into S=u11-r                 (M1)

=143=4.66666                 A1


[3 marks]

b.

attempt to substitute their values into the inequality or formula for Sn                 (M1)

143-Σr=1n2378r<0.001  OR  Sn=7121-78n1-78

attempt to solve their inequality using a table, graph or logarithms

(must be exponential)                 (M1)


Note: Award (M0) if the candidate attempts to solve S-un<0.001.


correct critical value or at least one correct crossover value                 (A1)

63.2675  OR  S-S63=0.001036  OR  S-S64=0.000906

OR  S-S63-0.001=0.0000363683  OR  S-S64-0.001=0.0000931777

least value is n=64                 A1

 

[4 marks]

c.

Examiners report

[N/A]
a.
[N/A]
b.
[N/A]
c.



Rosa joins a club to prepare to run a marathon. During the first training session Rosa runs a distance of 3000 metres. Each training session she increases the distance she runs by 400 metres.

A marathon is 42.195 kilometres.

In the k th training session Rosa will run further than a marathon for the first time.

Carlos joins the club to lose weight. He runs 7500 metres during the first month. The distance he runs increases by 20% each month.

Write down the distance Rosa runs in the third training session;

[1]
a.i.

Write down the distance Rosa runs in the n th training session.

[2]
a.ii.

Find the value of k .

[2]
b.

Calculate the total distance, in kilometres, Rosa runs in the first 50 training sessions.

[4]
c.

Find the distance Carlos runs in the fifth month of training.

[3]
d.

Calculate the total distance Carlos runs in the first year.

[3]
e.

Markscheme

3800 m     (A1)

[1 mark]

a.i.

3000 + ( n 1 ) 400  m OR 2600 + 400 n  m     (M1)(A1)

 

Note:     Award (M1) for substitution into arithmetic sequence formula, (A1) for correct substitution.

 

[2 marks]

a.ii.

3000 + ( k 1 ) 400 > 42195     (M1)

 

Notes:     Award (M1) for their correct inequality. Accept 3 + ( k 1 ) 0.4 > 42.195 .

Accept = OR . Award (M0) for 3000 + ( k 1 ) 400 > 42.195 .

 

( k = )   99     (A1)(ft)(G2)

 

Note:     Follow through from part (a)(ii), but only if k is a positive integer.

 

[2 marks]

b.

50 2 ( 2 × 3000 + ( 50 1 ) ( 400 ) )     (M1)(A1)(ft)

 

Note:     Award (M1) for substitution into sum of an arithmetic series formula, (A1)(ft) for correct substitution.

 

640 000  m     (A1)

 

Note:     Award (A1) for their 640 000 seen.

 

= 640  km     (A1)(ft)(G3)

 

Note:     Award (A1)(ft) for correctly converting their answer in metres to km; this can be awarded independently from previous marks.

 

OR

50 2 ( 2 × 3 + ( 50 1 ) ( 0.4 ) )     (M1)(A1)(ft)(A1)

 

Note:     Award (M1) for substitution into sum of an arithmetic series formula, (A1)(ft) for correct substitution, (A1) for correctly converting 3000 m and 400 m into km.

 

= 640  km     (A1)(G3)

[4 marks]

c.

7500 × 1.2 5 1     (M1)(A1)

 

Note:     Award (M1) for substitution into geometric series formula, (A1) for correct substitutions.

 

= 15 600  m  ( 15 552  m )     (A1)(G3)

OR

7.5 × 1.2 5 1     (M1)(A1)

 

Note:     Award (M1) for substitution into geometric series formula, (A1) for correct substitutions.

 

= 15.6  km     (A1)(G3)

[3 marks]

d.

7500 ( 1.2 12 1 ) 1.2 1     (M1)(A1)

 

Notes:     Award (M1) for substitution into sum of a geometric series formula, (A1) for correct substitutions. Follow through from their ratio ( r ) in part (d). If r < 1 (distance does not increase) or the final answer is unrealistic (eg r = 20 ), do not award the final (A1).

 

= 297 000  m  ( 296 853  m ,   297  km )     (A1)(G2)

[3 marks]

e.

Examiners report

[N/A]
a.i.
[N/A]
a.ii.
[N/A]
b.
[N/A]
c.
[N/A]
d.
[N/A]
e.



Helen and Jane both commence new jobs each starting on an annual salary of $70,000. At the start of each new year, Helen receives an annual salary increase of $2400.

Let $Hn represent Helen’s annual salary at the start of her nth year of employment.

At the start of each new year, Jane receives an annual salary increase of 3% of her previous year’s annual salary.

Jane’s annual salary, $Jn, at the start of her nth year of employment is given by Jn=700001.03n-1.

At the start of year N, Jane’s annual salary exceeds Helen’s annual salary for the first time.

Show that Hn=2400n+67600.

[2]
a.

Given that Jn follows a geometric sequence, state the value of the common ratio, r.

[1]
b.

Find the value of N.

[3]
c.i.

For the value of N found in part (c) (i), state Helen’s annual salary and Jane’s annual salary, correct to the nearest dollar.

[2]
c.ii.

Find Jane’s total earnings at the start of her 10th year of employment. Give your answer correct to the nearest dollar.

[4]
d.

Markscheme

* This sample question was produced by experienced DP mathematics senior examiners to aid teachers in preparing for external assessment in the new MAA course. There may be minor differences in formatting compared to formal exam papers.

uses Hn=H1+n-1d with H1=70000 and d=2400       (M1)

Hn=70000+2400n-1        A1

so  Hn=2400n+67600         AG

 

[2 marks]

a.

r=1.03        A1

 

[1 mark]

b.

evidence of use of an appropriate table or graph or GDC numerical solve feature to find the value of N such that Jn>Hn         (M1)

 

EITHER

for example, an excerpt from an appropriate table

        (A1)

 

OR

for example, use of a GDC numerical solve feature to obtain N=10.800         (A1)

 

Note: Award A1 for an appropriate graph. Condone use of a continuous graph.

 

THEN

N=11        A1

 

[3 marks]

c.i.

H11=94000$        A1

J11=94074$        A1

Helen’s annual salary is $94000 and Jane’s annual salary is $94074

 

Note: Award A1 for a correct H11 value and A1 for a correct J11 value seen in part (c) (i).

 

[2 marks]

c.ii.

at the start of the 10th year, Jane will have worked for 9 years so the value of S9 is required         R1

 

Note: Award R1 if S9 is seen anywhere.

 

uses Sn=J1rn-1r-1 with J1=70000r=1.03 and n=9        (M1)

 

Note: Award M1 if n=10 is used.

 

S9=700001.039-11.03-1=711137.42        (A1)

=711137$

Jane’s total earnings are $711137 (correct to the nearest dollar)

 

[4 marks]

d.

Examiners report

[N/A]
a.
[N/A]
b.
[N/A]
c.i.
[N/A]
c.ii.
[N/A]
d.



An infinite geometric series has first term u1=a and second term u2=14a2-3a, where a>0.

Find the common ratio in terms of a.

[2]
a.

Find the values of a for which the sum to infinity of the series exists.

[3]
b.

Find the value of a when S=76.

[3]
c.

Markscheme

* This question is from an exam for a previous syllabus, and may contain minor differences in marking or structure.

evidence of dividing terms (in any order)      (M1)

eg       u1u2, 14a2-3aa

r=14a-3      A1   N2

[2 marks]

a.

recognizing r<1 (must be in terms of a)      (M1)

eg       14a-3<1,  -114a-31,  -4<a-12<4

8<a<16      A2   N3

[3 marks]

b.

correct equation     (A1)

eg       a1-14a-3=76, a=764-14a

a=765 =15.2 (exact)      A2   N3

[3 marks]

c.

Examiners report

[N/A]
a.
[N/A]
b.
[N/A]
c.



Let f ( x ) = ( x 2 + 3 ) 7 . Find the term in x 5 in the expansion of the derivative, f ( x ) .

Markscheme

* This question is from an exam for a previous syllabus, and may contain minor differences in marking or structure.

METHOD 1 

derivative of f ( x )     A2

7 ( x 2 + 3 ) 6 ( x 2 )

recognizing need to find x 4 term in ( x 2 + 3 ) 6 (seen anywhere)     R1

eg 14 x  (term in  x 4 )

valid approach to find the terms in ( x 2 + 3 ) 6     (M1)

eg ( 6 r ) ( x 2 ) 6 r ( 3 ) r ,   ( x 2 ) 6 ( 3 ) 0 + ( x 2 ) 5 ( 3 ) 1 + , Pascal’s triangle to 6th row

identifying correct term (may be indicated in expansion)     (A1)

eg 5th term,  r = 2 ,   ( 6 4 ) ,   ( x 2 ) 2 ( 3 ) 4

correct working (may be seen in expansion)     (A1)

eg ( 6 4 ) ( x 2 ) 2 ( 3 ) 4 ,   15 × 3 4 ,   14 x × 15 × 81 ( x 2 ) 2

17010 x 5     A1     N3

METHOD 2

recognition of need to find x 6 in ( x 2 + 3 ) 7 (seen anywhere) R1 

valid approach to find the terms in ( x 2 + 3 ) 7     (M1)

eg ( 7 r ) ( x 2 ) 7 r ( 3 ) r ,   ( x 2 ) 7 ( 3 ) 0 + ( x 2 ) 6 ( 3 ) 1 + , Pascal’s triangle to 7th row

identifying correct term (may be indicated in expansion)     (A1)

eg 6th term, r = 3 ,   ( 7 3 ) ,  ( x 2 ) 3 ( 3 ) 4

correct working (may be seen in expansion)     (A1)

eg ( 7 4 ) ( x 2 ) 3 ( 3 ) 4 ,   35 × 3 4

correct term     (A1)

2835 x 6

differentiating their term in x 6     (M1)

eg ( 2835 x 6 ) ,  (6)(2835 x 5 )

17010 x 5     A1     N3

[7 marks]

Examiners report

[N/A]



Let  f ( x ) = e 2 sin ( π x 2 ) , for x > 0.

The k th maximum point on the graph of f has x-coordinate xk where  k Z + .

Given that xk + 1 = xk + a, find a.

[4]
a.

Hence find the value of n such that  k = 1 n x k = 861 .

[4]
b.

Markscheme

* This question is from an exam for a previous syllabus, and may contain minor differences in marking or structure.

valid approach to find maxima     (M1)

eg  one correct value of xk, sketch of f

any two correct consecutive values of xk      (A1)(A1)

eg  x1 = 1, x2 = 5

a = 4      A1 N3

[4 marks]

a.

recognizing the sequence x1,  x2,  x3, …, xn is arithmetic  (M1)

eg  d = 4

correct expression for sum       (A1)

eg   n 2 ( 2 ( 1 ) + 4 ( n 1 ) )

valid attempt to solve for n      (M1)

eg  graph, 2n2n − 861 = 0

n = 21       A1 N2

[4 marks]

b.

Examiners report

[N/A]
a.
[N/A]
b.



The first terms of an infinite geometric sequence,  u n , are 2, 6, 18, 54, …

The first terms of a second infinite geometric sequence, v n , are 2, −6, 18, −54, …

The terms of a third sequence, w n , are defined as  w n = u n + v n .

The finite series,  k = 1 225 w k  , can also be written in the form k = 0 m 4 r k .

Write down the first three non-zero terms of  w n .

[3]
a.

Find the value of  r .

[2]
b.i.

Find the value of m .

[2]
b.ii.

Markscheme

attempt to add corresponding terms      (M1)

eg    2 + 2 , 6 + ( 6 ) , 2 ( 3 ) n 1 + 2 ( 3 ) n 1

correct value for  w 5         (A1)

eg   324

4, 36, 324 (accept 4 + 36 + 324)      A1 N3

[3 marks]

a.

valid approach     (M1)

eg   4 × r 1 = 36 ,   4 × 9 n 1

r = 9   (accept  k = 0 m 4 × 9 k m  may be incorrect)      A1 N2

[2 marks]

b.i.

recognition that 225 terms of w n consists of 113 non-zero terms    (M1)

eg   1 113 0 112 ,  113

m = 112   (accept  k = 0 1 12 4 × r k r may be incorrect)      A1 N2

[2 marks]

b.ii.

Examiners report

[N/A]
a.
[N/A]
b.i.
[N/A]
b.ii.



Consider the expansion of 3x2-kx9, where k>0.

The coefficient of the term in x6 is 6048. Find the value of k.

Markscheme

* This question is from an exam for a previous syllabus, and may contain minor differences in marking or structure.

valid approach for expansion (must have correct substitution for parameters, but accept an incorrect value for r).       (M1)

eg     9r3x29-r-kxr , 3x29+913x28-kx1+923x27-kx2+

valid attempt to identify correct term       (M1)

eg     29-r-r=6 , x2rx-19-r=x6

identifying correct term (may be indicated in expansion)       (A1)

eg     r=4, r=5

correct term or coefficient in binominal expansion       (A1)

eg     943x25-kx4 , 126243x10k4x4, 30618k4

correct equation in k       (A1)

eg     94243k4x6=6048x6 , 30618k4=6048

k=23 (exact)  0.667       A1  N3 

 

Note: Do not award A1 if additional answers given.

[6 marks]

Examiners report

[N/A]



The first term of an infinite geometric sequence is 4. The sum of the infinite sequence is 200.

Find the common ratio.

[2]
a.

Find the sum of the first 8 terms.

[2]
b.

Find the least value of n for which Sn > 163.

[3]
c.

Markscheme

* This question is from an exam for a previous syllabus, and may contain minor differences in marking or structure.

correct substitution into infinite sum      (A1)
eg   200 = 4 1 r

= 0.98 (exact)     A1 N2

[2 marks]

a.

correct substitution     (A1)

4 ( 1 0.98 8 ) 1 0.98

29.8473

29.8    A1 N2

[2 marks]

b.

attempt to set up inequality (accept equation)      (M1)
eg   4 ( 1 0.98 n ) 1 0.98 > 163 , 4 ( 1 0.98 n ) 1 0.98 = 163

correct inequality for n (accept equation) or crossover values      (A1)
eg  n > 83.5234, n = 83.5234, S83 = 162.606 and S84 = 163.354

n = 84     A1 N1

[3 marks]

c.

Examiners report

[N/A]
a.
[N/A]
b.
[N/A]
c.



The first two terms of a geometric sequence are  u 1 = 2.1 and  u 2 = 2.226 .

Find the value of r .

[2]
a.

Find the value of u 10 .

[2]
b.

Find the least value of n such that  S n > 5543 .

[3]
c.

Markscheme

valid approach        (M1)

eg        u 1 u 2 ,   2.226 2.1 ,   2.226 = 2.1 r

r = 1.06   (exact)       A1  N2

[2 marks]

a.

correct substitution        (A1)

eg        2.1 × 1.06 9

3.54790        A1  N2

u 10 = 3.55

[2 marks]

b.

correct substitution into  S n formula        (A1)

eg      2.1 ( 1.06 n 1 ) 1.06 1 ,   2.1 ( 1.06 n 1 ) 1.06 1 > 5543 ,   2.1 ( 1.06 n 1 ) = 332.58 ,  sketch of  S n and  y = 5543

correct inequality for n or crossover values       A1

eg        n > 87.0316 ,   S 87 = 5532.73   and   S 88 = 5866.79

n = 88        A1  N2

[3 marks]

c.

Examiners report

[N/A]
a.
[N/A]
b.
[N/A]
c.



Consider a geometric sequence where the first term is 768 and the second term is 576.

Find the least value of n such that the n th term of the sequence is less than 7.

Markscheme

* This question is from an exam for a previous syllabus, and may contain minor differences in marking or structure.

attempt to find r     (M1)

eg 576 768 ,   768 576 ,   0.75

correct expression for u n     (A1)

eg 768 ( 0.75 ) n 1

EITHER (solving inequality)

valid approach (accept equation)     (M1)

eg u n < 7

valid approach to find n     M1

eg 768 ( 0.75 ) n 1 = 7 ,   n 1 > log 0.75 ( 7 768 ) , sketch

correct value

eg n = 17.3301     (A1)

n = 18 (must be an integer)     A1     N2

OR (table of values)

valid approach     (M1)

eg u n > 7 , one correct crossover value

both crossover values, u 17 = 7.69735 and u 18 = 5.77301     A2

n = 18 (must be an integer)     A1     N2

OR (sketch of functions)

valid approach     M1

eg sketch of appropriate functions

valid approach     (M1) 

eg finding intersections or roots (depending on function sketched)

correct value

eg n = 17.3301     (A1)

n = 18 (must be an integer)     A1     N2

[6 marks]

Examiners report

[N/A]



On 1st January 2020, Laurie invests $P in an account that pays a nominal annual interest rate of 5.5 %, compounded quarterly.

The amount of money in Laurie’s account at the end of each year follows a geometric sequence with common ratio, r.

Find the value of r, giving your answer to four significant figures.

[3]
a.

Laurie makes no further deposits to or withdrawals from the account.

Find the year in which the amount of money in Laurie’s account will become double the amount she invested.

[3]
b.

Markscheme

( 1 + 5.5 4 × 100 ) 4       (M1)(A1)

1.056      A1

[3 marks]

a.

EITHER

2 P = P × ( 1 + 5.5 100 × 4 ) 4 n   OR  2 P = P × ( their ( a ) ) m        (M1)(A1)

Note: Award (M1) for substitution into loan payment formula. Award (A1) for correct substitution.

OR

PV = ±1
FV =  1
I% = 5.5
P/Y = 4
C/Y = 4
n = 50.756…       (M1)(A1)

OR

PV = ±1
FV = 2
I% = 100(their (a) − 1)
P/Y = 1
C/Y = 1        (M1)(A1)

THEN

⇒ 12.7 years

Laurie will have double the amount she invested during 2032      A1

[3 marks]

b.

Examiners report

[N/A]
a.
[N/A]
b.



In an arithmetic sequence,  u 1 = 1.3 u 2 = 1.4 and  u k = 31.2 .

Consider the terms, u n , of this sequence such that n k .

Let F be the sum of the terms for which n is not a multiple of 3.

Find the exact value of S k .

[2]
b.

Show that F = 3240 .

[5]
c.

An infinite geometric series is given as  S = a + a 2 + a 2 + a Z + .

Find the largest value of a such that S < F .

[5]
d.

Markscheme

correct substitution      (A1)

eg    300 2 ( 1.3 + 31.2 ) 300 2 [ 2 ( 1.3 ) + ( 300 1 ) ( 0.1 ) ] 300 2 [ 2.6 + 299 ( 0.1 ) ]  

S k = 4875         A1  N2

[2 marks]

b.

recognizing need to find the sequence of multiples of 3 (seen anywhere)       (M1)

eg   first term is  u 3 (= 1.5)   (accept notation  u 1 = 1.5 ) ,

d = 0.1 × 3   (= 0.3) , 100 terms (accept n = 100 ), last term is 31.2

(accept notation u 100 = 31.2 ) ,   u 3 + u 6 + u 9 +   (accept  F = u 3 + u 6 + u 9 + )

correct working for sum of sequence where n is a multiple of 3      A2

100 2 ( 1.5 + 31.2 ) ,   50 ( 2 × 1.5 + 99 × 0.3 ) ,  1635

valid approach (seen anywhere)       (M1)

eg     S k ( u 3 + u 6 + ) ,   S k 100 2 ( 1.5 + 31.2 ) S k  (their sum for  ( u 3 + u 6 + ) )

correct working (seen anywhere)       A1

eg    S k 1635 , 4875 − 1635

F = 3240       AG  N0

[5 marks]

c.

attempt to find r        (M1)

eg    dividing consecutive terms

correct value of r (seen anywhere, including in formula)

eg    1 2 ,  0.707106… ,   a 0.293

correct working (accept equation)        (A1)

eg    a 1 1 2 < 3240

correct working     A1

 

METHOD 1 (analytical)

eg    3240 × ( 1 1 2 ) ,   a < 948.974 ,  948.974

METHOD 2 (using table, must find both S values)

eg   when  a = 948 ,   S = 3236.67   AND  when  a = 949 ,   S = 3240.08

a = 948        A1  N2

[5 marks]

d.

Examiners report

[N/A]
b.
[N/A]
c.
[N/A]
d.



All answers in this question should be given to four significant figures.


In a local weekly lottery, tickets cost $2 each.

In the first week of the lottery, a player will receive $D for each ticket, with the probability distribution shown in the following table. For example, the probability of a player receiving $10 is 0.03. The grand prize in the first week of the lottery is $1000.

If nobody wins the grand prize in the first week, the probabilities will remain the same, but the value of the grand prize will be $2000 in the second week, and the value of the grand prize will continue to double each week until it is won. All other prize amounts will remain the same.

Find the value of c.

[2]
a.

Determine whether this lottery is a fair game in the first week. Justify your answer.

[4]
b.

Given that the grand prize is not won and the grand prize continues to double, write an expression in terms of n for the value of the grand prize in the nth week of the lottery.

[2]
c.

The wth week is the first week in which the player is expected to make a profit. Ryan knows that if he buys a lottery ticket in the wth week, his expected profit is $p.

Find the value of p.

[7]
d.

Markscheme

considering that sum of probabilities is 1             (M1)

0.85+c+0.03+0.002+0.0001=1

0.1179               A1

 

[2 marks]

a.

valid attempt to find ED            (M1)

ED=0×0.85+2×0.1179+10×0.03+50×0.002+1000×0.0001

ED=0.7358            A1

No, not a fair game             A1

for a fair game, ED would be $2 OR players expected winnings are 1.264             R1

 

[4 marks]

b.

recognition of GP with r=2            (M1)

1000×2n-1  OR  5002n           A1

 

[2 marks]

c.

recognizing ED>2            (M1)

correct expression for wth week (or nth week)            (A1)

0×0.85+2×0.1179+10×0.03+50×0.002+1000×2w-1×0.0001

correct inequality (accept equation)            (A1)

0.6358+1000×2w-1×0.0001>2  OR  2n-1>13.642

 

EITHER

n-1>3.76998  OR  w=4.76998            (A1)


OR

ED=1.4358 in week 4  or  ED=2.2358 in week 5            (A1)


THEN

w=5            A1

expected profit per ticket =their ED-2            (M1)

=0.2358            A1

 

[7 marks]

d.

Examiners report

[N/A]
a.
[N/A]
b.
[N/A]
c.
[N/A]
d.



Gemma and Kaia started working for different companies on January 1st 2011.

Gemma’s starting annual salary was $45000, and her annual salary increases 2% on January 1st each year after 2011.

Kaia’s annual salary is based on a yearly performance review. Her salary for the years 2011, 2013, 2014, 2018, and 2022 is shown in the following table.

Find Gemma’s annual salary for the year 2021, to the nearest dollar.

[3]
a.

Assuming Kaia’s annual salary can be approximately modelled by the equation S=ax+b, show that Kaia had a higher salary than Gemma in the year 2021, according to the model.

[3]
b.

Markscheme

METHOD 1

using geometric sequence with r=1.02           (M1)

correct expression or listing terms correctly           (A1)

45000×1.0210  OR  45000×1.0211-1  OR  listing terms

Gemma’s salary is $54855 (must be to the nearest dollar)           A1

 

METHOD 2

N=10

PV=45000

I%=2

P/Y=1

C/Y=1

FV=±54854.7489           (M1)(A1)

Gemma’s salary is $54855 (must be to the nearest dollar)           A1

 

[3 marks]

a.

finds a=1096.89 and b=-2160753.8 (accept b=-2.16×106)         (A1)(A1)


Note:
Award (A1)(A1) for S=1096.89x+33028.49, or S=1096.89x+43997.4, or S=1096.89x+45094.3


Kaia’s salary in 2021 is $56063.21 (accept $56817.09 from b=-2.16×106)           A1

Kaia had a higher salary than Gemma in 2021           AG

 

[3 marks]

b.

Examiners report

Many errors were seen in part (a). Some candidates used the incorrect formula 1+0.0210010 or used an incorrect value for the exponent e.g. 9 was often seen. Others lost the final mark for not answering to the nearest dollar.
Very few tried to make a table of values.

In part (b) students often let x represent the number of years since a given year, rather than the year itself. Despite this, most were able to find the correct amount with their equation and were awarded marks as appropriate. Some students did not realise regression on GDC was expected and tried to work with a few given data points, others had difficulty dealing with the constant in the regression equation if it was reported using scientific notation.

a.
[N/A]
b.