SmarterEd

Aussie Maths & Science Teachers: Save your time with SmarterEd

  • Login
  • Get Help
  • About

Financial Maths, 2ADV M1 EQ-Bank 12

Evaluate \(\displaystyle \sum_{r=4}^7\left(2^r+3 r\right)\).   (2 marks)

--- 4 WORK AREA LINES (style=lined) ---

Show Answers Only

\(306\)

Show Worked Solution
\(\displaystyle \sum_{r=4}^7\) \(=2^4+12+2^5+15+2^6+18+2^7+21\)
  \(=306\)

Filed Under: Arithmetic Series, Geometric Series Tagged With: Band 3, smc-7126-40-AP/GP Combination, smc-7127-40-AP/GP Combination

Financial Maths, 2ADV M1 2025 HSC 13

The numbers, 75, \(p\), \(q\), 2025, form a geometric sequence.

Find the values of \(p\) and \(q\).   (2 marks)

--- 5 WORK AREA LINES (style=lined) ---

Show Answers Only

\(p=225, \ q=675\)

Show Worked Solution

\(a=75, \ 75r=p, \ 75r^2=q, \ 75r^3=2025\)

\(\text{Using}\ \ 75r^3=2025:\)

\(r=\sqrt[3]{\dfrac{2025}{75}}=3\)

\(p=75 \times 3 = 225\)

\(q=75 \times 3^{2}=675\)

Filed Under: Geometric Series, Geometric Series Tagged With: Band 3, smc-1006-10-Find Term, smc-1006-70-Calculations Only, smc-7127-10-Find Term, smc-7127-30-Find Common Ratio, smc-7127-70-Calculations Only

Financial Maths, 2ADV M1 2024 HSC 30

Suppose the geometric series  \(x+x^2+x^3+\ \cdots\) has a limiting sum.

By considering the graph  \(y=-1-\dfrac{1}{x-1}\), or otherwise, find the range of possible values of \(S\).   (3 marks)

--- 12 WORK AREA LINES (style=lined) ---

Show Answers Only

\(S \in \Big( -\dfrac{1}{2}, \infty\Big ) \)

Show Worked Solution

\(x + x^2+x^3\ \cdots \Rightarrow a=x, r=x\)

\(S=\dfrac{a}{1-r} = \dfrac{x}{1-x}=\dfrac{-(1-x)+1}{1-x} = -1+\dfrac{1}{1-x}=-1-\dfrac{1}{x-1}\)

♦♦ Mean mark 31%.

\(\text{If limiting sum}\ \Rightarrow \abs{r} \lt 1\ \Rightarrow \ \abs{x} \lt 1\)

\(\Rightarrow \text{Possible values of}\ S =\ \text{range of}\ \ y=-1-\dfrac{1}{x-1}\ \text{in domain}\ \abs{x} \lt 1\)

\(\text{Consider}\ \ y=-1-\dfrac{1}{x-1}:\)

\(\text{Asymptote at}\ \ x=1.\)

\begin{array} {|c|c|c|c|c|c|}
\hline
\rule{0pt}{2.5ex} x \rule[-1ex]{0pt}{0pt} & -2 & -1 & 0 & 1 & 2 \\
\hline
\rule{0pt}{2.5ex} y \rule[-1ex]{0pt}{0pt} & -\dfrac{2}{3} &  -\dfrac{1}{2} & \ \ 0\ \  & \infty & -2 \\
\hline
\end{array}

\(\text{As}\ x \rightarrow \infty, \ y \rightarrow -1\)

\(\text{As}\ x \rightarrow -\infty, \ y \rightarrow -1\)

\(\abs{x} \lt 1\ \Rightarrow \  y \in \Big( -\dfrac{1}{2}, \infty\Big ) \)

\(\therefore\ \text{Possible values of}\ S \in \Big( -\dfrac{1}{2}, \infty\Big ) \)

Filed Under: Geometric Series, Geometric Series Tagged With: Band 5, smc-1006-40-Limiting Sum, smc-1006-95-X-topic, smc-7127-50-Limiting Sum, smc-7127-95-X-topic

Financial Maths, 2ADV M1 2023 HSC 21

The fourth term of a geometric sequence is 48 .

The eighth term of the same sequence is `3/16`.

Find the possible value(s) of the common ratio and the corresponding first term(s).   (3 marks)

--- 6 WORK AREA LINES (style=lined) ---

Show Answers Only

`a=3072,\ r=1/4, or`

`a=-3072,\ r=-1/4`

Show Worked Solution

`T_4=ar^3=48\ …\ (1)`

`T_8=ar^7=3/16\ …\ (2)`

`(ar^7)/(ar^3)` `=(3/16)/48`
`r^4` `=1/256`
`r` `=+-1/4`

 
`text{If}\ \ r=1/4`

`a(1/4)^3` `=48`
`a/64` `=48`
`a` `=3072`

 
`text{If}\ \ r=-1/4,\ \ a=-3072`

`a(-1/4)^3` `=48`
`-a/64` `=48`
`a` `=-3072`
  

`:.\ a=3072,\ r=1/4\  or\  a=-3072,\ r=-1/4`

Filed Under: Geometric Series, Geometric Series Tagged With: Band 4, smc-1006-10-Find Term, smc-1006-70-Calculations Only, smc-7127-10-Find Term, smc-7127-30-Find Common Ratio, smc-7127-70-Calculations Only

Financial Maths, 2ADV M1 2019 HSC 11d

What is the limiting sum of the following geometric series?

`2000-1200 + 720-432…`   (2 marks)

Show Answers Only

`1250`

Show Worked Solution

`text(GP): \ r = T_2/T_1 = (-1200)/2000 = -3/5`

`|\ r\ | <  1`

`S_oo` `= a/(1-r)`
  `= 2000/(1 + 3/5)`
  `= 1250`

Filed Under: Geometric Series, Geometric Series Tagged With: Band 3, smc-1006-40-Limiting Sum, smc-1006-70-Calculations Only, smc-7127-50-Limiting Sum, smc-7127-70-Calculations Only

Financial Maths, 2ADV M1 2018 HSC 14d

An artist posted a song online. Each day there were  `2^n + n`  downloads, where `n` is the number of days after the song was posted.

  1. Find the number of downloads on each of the first 3 days after the song was posted.   (1 mark)

    --- 1 WORK AREA LINES (style=lined) ---

  2. What is the total number of times the song was downloaded in the first 20 days after it was posted?   (2 marks)

    --- 4 WORK AREA LINES (style=lined) ---

Show Answers Only

i.    `text(Day 1) : 3`

`text(Day 2) : 6`

`text(Day 3) : 11`

ii.   `2\ 097\ 360`

Show Worked Solution

i.    `text(Day 1:)\ \ 2^1 + 1 = 3`

`text(Day 2:)\ \ 2^2 + 2 = 6`

`text(Day 3:)\ \ 2^3 + 3 = 11`

 

ii.   `text{Total downloads (20 days)}`

♦ Mean mark (ii) 38%.

`= 2^1 + 1 + 2^2 + 2 + … + 2^20 + 20`

`= underbrace(2^1 + 2^2 + … + 2^20)_{text(GP),\ a = 2,\ r=2} + underbrace(1 + 2 + … + 20)_{text(AP),\ a = 1,\ d = 1}`

`= (2(2^20-1))/(2-1) + 20/2(1 + 20)`

`= 2\ 097\ 150 + 210= 2\ 097\ 360`

Filed Under: Arithmetic Series, Arithmetic Series, Arithmetic Series, Geometric Series, Geometric Series, Geometric Series Tagged With: Band 3, Band 5, smc-1005-10-Find Term, smc-1005-20-Find Sum, smc-1005-40-AP/GP Combination, smc-1006-10-Find Term, smc-1006-20-Find Sum, smc-1006-50-AP/GP Combination, smc-7126-10-Find Term, smc-7126-20-Find Sum, smc-7126-40-AP/GP Combination, smc-7127-10-Find Term, smc-7127-20-Find Sum, smc-7127-40-AP/GP Combination

Financial Maths, 2ADV M1 2017 HSC 16b

A geometric series has first term  `a`  and limiting sum 2.

Find all possible values for  `a`.   (3 marks)

--- 6 WORK AREA LINES (style=lined) ---

Show Answers Only

`0 < a < 4`

Show Worked Solution

`S_oo = a/(1 – r)`

♦ Mean mark 39%.

`text(If)\ \ S_oo = 2:`

`2` `= a/(1-r)`
`2(1-r)` `= a`
`1-r` `= a/2`
`r` `= 1-a/2`

  
`text(S)text(ince)\ \ |r| < 1,`

`|1-a/2| < 1`

`1-a/2` `< 1` `or qquad -(1-a/2)` `< 1`
`a/2` `> 0` `a/2` `< 2`
`a` `> 0` `a` `< 4`

  
`:. 0 < a < 4`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 5, smc-1006-40-Limiting Sum, smc-7127-30-Find Common Ratio, smc-7127-50-Limiting Sum

Financial Maths, 2ADV M1 2016 HSC 14d

By summing the geometric series  `1 + x + x^2 + x^3 + x^4`, or otherwise,

find  `lim_(x -> 1) (x^5 - 1)/(x - 1)`.   (2 marks)

--- 5 WORK AREA LINES (style=lined) ---

Show Answers Only

`5`

Show Worked Solution

`1 + x + x^2 + x^3 + x^4`

♦ Mean mark 45%.

`=> text(GP where)\ \ a = 1,\ \ r = x,\ \ n = 5`

`S_n` `= (a(r^n-1))/(r-1)`
 `S_5` `= ((x^5-1))/(x-1)`

 
`:. lim_(x -> 1) (x^5-1)/(x-1)`

`= lim_(x -> 1) (1 + x + x^2 + x^3 + x^4)`

`= 5`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 5, smc-1006-40-Limiting Sum, smc-7127-50-Limiting Sum

Financial Maths, 2ADV M1 EQ-Bank 5 MC

The graph above shows the first six terms of a sequence.

This sequence could be

  1. an arithmetic sequence that sums to one.
  2. an arithmetic sequence with a common difference of one.
  3. a geometric sequence with an infinite sum of one.
  4. a geometric sequence with a common ratio of one. 
Show Answers Only

`D`

Show Worked Solution

`text(Series is 1, 1, 1, …)`

`text(The only possibility within the choices)`

`text(is a geometric sequence where)\ \  r=1.`

`=> D`

Filed Under: Arithmetic Series, Arithmetic Series, Arithmetic Series, Geometric Series, Geometric Series, Geometric Series Tagged With: Band 4, smc-1005-80-Graphs, smc-1006-90-Graphs, smc-7126-80-Graphs, smc-7127-90-Graphs

Financial Maths, 2ADV M1 EQ-Bank 7 MC

A dragster is travelling at a speed of 100 km/h.

It increases its speed by

    • 50 km/h in the 1st second
    • 30 km/h in the 2nd second
    • 18 km/h in the 3rd second

and so on in this pattern.

Correct to the nearest whole number, the greatest speed, in km/h, that the dragster will reach is

  1. `125`
  2. `200`
  3. `220`
  4. `225`
Show Answers Only

`D`

Show Worked Solution

`text (Sequence of speed increases is)`

`text (50, 30, 18, …)`

`text (GP where)\ \ a=50, \ r=t_2/t_1 = 30/50 = 0.6`

`text{Since}\ \ |\ r\ | < 1 :`

`S_oo= a / (1-r)= 50/ (1-0.6)= 125`

`:.\ text (Max speed is 100 + 125 = 225 km/h)`

`=> D`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 4, smc-1006-40-Limiting Sum, smc-7127-50-Limiting Sum

Financial Maths, 2ADV M1 EQ-Bank 8 MC

The first four terms of a geometric sequence are 

`4, -8,\ 16, -32`

The sum of the first ten terms of this sequence is

  1. `-2048`
  2. `-1364`
  3. `684`
  4. `1367`
Show Answers Only

`B`

Show Worked Solution

`4, -8, 16, -32,\ …`

`text(GP where)\ \ a=4, \ r=t_(2)/t_(1)= (-8)/4=-2`

`S_n` `=(a(r^n-1))/(r-1)`
`S_10`  `=[4[(-2)^10-1]]/(-2-1)= -1364`

 
`=> B`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 4, smc-1006-20-Find Sum, smc-1006-70-Calculations Only, smc-7127-20-Find Sum, smc-7127-70-Calculations Only

Financial Maths, 2ADV M1 EQ-Bank 3 MC

The first three terms of a geometric sequence are 

`0.125, 0.25, 0.5`

The fourth term in this sequence would be

  1. `0.625`
  2. `0.75`
  3. `0.875`
  4. `1`
Show Answers Only

`D`

Show Worked Solution

`text(GP sequence is  0.125, 0.25, 0.5)`

`a` `=0.125`
`r` `=t_(2)/t_(1)=0.25/0.125=2`
`T_4` `=ar^3=0.125 xx 2^3=1`

 
`=> D`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 3, smc-1006-10-Find Term, smc-7127-10-Find Term

Financial Maths, 2ADV M1 EQ-Bank 6 MC

The first four terms of a geometric sequence are  `6400\ ,\  t_2\  ,\  8100\ , -9112.5`

The value of  `t_2` is

  1. `-7250` 
  2. `-7200`
  3. `-1700`
  4. `7200`
Show Answers Only

`B`

Show Worked Solution

`text(GP is)\ \ 6400,  t_2,  8100,  –9112.5`

`r` `=t_2/t_1 = t_3/t_2`
`t_2 / 6400` `= (-9112.5) / 8100`
`t_2` `= (-9112.5 × 6400) / 8100= -7200`

 
`=>  B`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 4, smc-1006-10-Find Term, smc-1006-70-Calculations Only, smc-7127-10-Find Term, smc-7127-30-Find Common Ratio, smc-7127-70-Calculations Only

Financial Maths, 2ADV M1 EQ-Bank 1 MC

The first three terms of a geometric sequence are  `6, x, 54.`

A possible value of `x` is

  1. `9`
  2. `15`
  3. `18`
  4. `24`
Show Answers Only

`C`

Show Worked Solution

`text(S)text(ince the sequence is geometric:)`

`r` `=x/6=54/x`
`x^2` `=54 xx 6=324`
`:.x` `=18`

`=> C`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 3, smc-1006-10-Find Term, smc-1006-70-Calculations Only, smc-7127-10-Find Term, smc-7127-70-Calculations Only

Trigonometry, 2ADV T2 2004 HSC 9a

Consider the geometric series  `1-tan^2 theta + tan^4 theta- …`

  1. When the limiting sum exists, find its value in simplest form.   (2 marks)

    --- 4 WORK AREA LINES (style=lined) ---

  2. For what values of  `theta`  in the interval
  3. `-pi/2 < theta < pi/2`  does the limiting sum of the series exist?   (2 marks)

    --- 5 WORK AREA LINES (style=lined) ---

Show Answers Only

a.    `cos^2 theta`

b.    `-pi/4 < theta < pi/4`

Show Worked Solution

a.    `1-tan^2 theta + tan^4 theta- …`

`=>\ text(GP where)\ \ a=1,\ \ r=T_2/T_1= − tan^2 theta`

`:. S_∞` `= 1/(1-(-tan^2 theta))`
  `= 1/(1 + tan^2 theta)`
  `= 1/(sec^2 theta)`
  `= cos^2 theta`

  
b.   
`text(Find)\ theta\ text(such that)\ |r |<1:`

`|-tan^2 theta\ |` `< 1`
` tan^2 theta` `< 1`
`-1 < tan theta` `< 1`
`:. -pi/4 < theta` `< pi/4`

Filed Under: Exact Trig Ratios and Other Identities, Geometric Series, Geometric Series, Geometric Series, Trig Identities and Harder Equations, Trig Identities and Harder Equations Tagged With: Band 5, smc-1006-40-Limiting Sum, smc-1006-95-X-topic, smc-1189-10-Solve Equation, smc-1189-50-X-topic Series, smc-6412-10-Solve Equation, smc-7127-50-Limiting Sum, smc-7127-95-X-topic

Financial Maths, 2ADV M1 2004 HSC 7a

Evaluate  `sum_(n = 2)^4 n^2`.   (1 mark)

Show Answers Only

 `29`

Show Worked Solution
`sum_(n = 2)^4 n^2` `= 2^2 + 3^2 + 4^2`
  `= 4 + 9 + 16` 
  `= 29` 

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 4, smc-1006-20-Find Sum, smc-1006-70-Calculations Only, smc-7127-20-Find Sum, smc-7127-70-Calculations Only

Financial Maths, 2ADV M1 2007 HSC 1d

Find the limiting sum of the geometric series

`3/4 + 3/16 + 3/64 + …`   (2 marks)

Show Answers Only

`1`

Show Worked Solution

`3/4 + 3/16 + 3/64 + …`

`=>  text(GP  where)\ \ a = 3/4,\ \ \ r = T_2/T_1 = 1/4`

`:. S_oo` `= a/(1-r)`
  `= (3/4)/(1-1/4)`
  `= 1`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 3, smc-1006-40-Limiting Sum, smc-1006-70-Calculations Only, smc-7127-50-Limiting Sum, smc-7127-70-Calculations Only

Financial Maths, 2ADV M1 2015 HSC 11d

Find the limiting sum of the geometric series  `1 - 1/4 + 1/16 - 1/64 + …`   (2 marks)

--- 5 WORK AREA LINES (style=lined) ---

Show Answers Only

`4/5`

Show Worked Solution

`1-1/4 + 1/16-1/64 + …`

`r = -1/4,\ \ a=1`

`text(S)text(ince)\ |\ r\ | = 1/4 < 1`

`S_oo` `= a/(1-r)`
  `= 1/(1-(-1/4))`
  `= 1/(5/4)`
  `= 4/5`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 3, smc-1006-40-Limiting Sum, smc-1006-70-Calculations Only, smc-7127-50-Limiting Sum, smc-7127-70-Calculations Only

Financial Maths, 2ADV M1 2006 HSC 3b

Evaluate  `sum_(r=2)^4 1/r`.   (1 mark)

Show Answers Only

`13/12`

Show Worked Solution
`sum_(r=2)^4 1/r` `= 1/2 + 1/3 + 1/4`
  `= 13/12`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 3, smc-1006-20-Find Sum, smc-7127-20-Find Sum

Trigonometry, 2ADV T1 2005 HSC 9b

Trig Ratios, 2UA 2005 HSC 9b
 

The triangle  `ABC`  has a right angle at `B, \ ∠BAC = theta` and  `AB = 6`. The line `BD` is drawn perpendicular to `AC`. The line `DE` is then drawn perpendicular to `BC`. This process continues indefinitely as shown in the diagram.

  1. Find the length of the interval `BD`, and hence show that the length of the interval `EF` is `6 sin^3 theta`.   (2 marks)

    --- 6 WORK AREA LINES (style=lined) ---

  2. Show that the limiting sum
  3. `qquad BD + EF + GH + ···`
  4. is given by  `6 sec theta tan theta`.   (3 marks)

    --- 8 WORK AREA LINES (style=lined) ---

Show Answers Only

a.    `text(See Worked Solutions)`

b.    `text(See Worked Solutions)`

Show Worked Solution
a.     Trig Ratios, 2UA 2005 HSC 9b Answer

`text(Show)\ EF = 6 sin^3 theta`

`text(In)\ ΔADB:`

`sin theta` `= (DB)/6`
`DB` `= 6 sin theta`
`∠ABD` `= 90-theta\ \ \ text{(angle sum of}\ ΔADB)`
`:.∠DBE` `= theta\ \ \ (∠ABE\ text{is a right angle)}`

  
`text(In)\ ΔBDE:`

`sin theta= (DE)/(DB)= (DE)/(6 sin theta)`

`DE` `= 6 sin^2 theta`
`∠BDE` `= 90-theta\ \ \ text{(angle sum of}\ ΔDBE)`
`∠EDF` `= theta\ \ \ (∠FDB\ text{is a right angle)}`

  
`text(In)\ ΔDEF:`

`sin theta` `= (EF)/(DE)= (EF)/(6 sin^2 theta)`
`:.EF` `= 6 sin^3 theta\ \ …text(as required)`

  
b.   
`text(Show)\ \ BD + EF + GH\ …`

`text(has limiting sum)\ =6 sec theta tan theta`

  
`underbrace{6 sin theta + 6 sin^3 theta +\ …}_{text(GP where)\ \ a = 6 sin theta, \ \ r = sin^2 theta}`

  
`text(S)text(ince)\ \ 0 < theta < 90^@`

`-1` `< sin\ theta` `< 1`
`0` `< sin^2\ theta` `< 1`

 
`:. |\ r\ | < 1`
 

`:.S_∞` `= a/(1-r)`
  `= (6 sin theta)/(1-sin^2 theta)`
  `= (6 sin theta)/(cos^2 theta)`
  `= 6 xx 1/(cos theta) xx (sin theta)/(cos theta)`
  `= 6 sec theta tan theta\ \ …text( as required.)`

Filed Under: Geometric Series, Geometric Series, Geometric Series, Sine and Cosine Rules, Bearings, Trig Ratios, Sine and Cosine Rules, Trig Ratios, Sine and Cosine Rules Tagged With: Band 4, Band 5, Band 6, smc-1006-40-Limiting Sum, smc-1006-80-Applied Context, smc-1006-95-X-topic, smc-6392-20-Trig Ratios, smc-7127-50-Limiting Sum, smc-7127-80-Applied Context, smc-7127-95-X-topic, smc-980-20-Trig Ratios

Financial Maths, 2ADV M1 2005 HSC 7a

Anne and Kay are employed by an accounting firm.

Anne accepts employment with an initial annual salary of  $50 000. In each of the following years her annual salary is increased by $2500.

Kay accepts employment with an initial annual salary of  $50 000. In each of the following years her annual salary is increased by 4%.

  1. What is Anne’s annual salary in her thirteenth year?   (2 marks)

    --- 4 WORK AREA LINES (style=lined) ---

  2. What is Kay’s annual salary in her thirteenth year?   (2 marks)

    --- 4 WORK AREA LINES (style=lined) ---

  3. By what amount does the total amount paid to Kay in her first twenty years exceed that paid to Anne in her first twenty years?   (3 marks)

    --- 6 WORK AREA LINES (style=lined) ---

Show Answers Only

a.    `$80\ 000`

b.    `text{$80 052 (nearest dollar)}`

c.    `text{$13 904 (nearest $)}`

Show Worked Solution

a.    `text(Let)\ T_n = text(Anne’s salary in year)\ n`

`T_1 = a = $50\ 000`

`T_2 = a + d = $52\ 500`

`⇒\ text(AP where)\ a = $50\ 000,\ \ d = $2500`

`T_n = a + (n-1)d`

`T_13` `= 50\ 000 + (13-1) xx 2500`
  `=80\ 000`

  
`:.\ text(Anne’s salary in her 13th year is $80 000.)`
  

b.    `text(Let)\ K_1 =text(Kay’s salary in year)\ n`

`K_1` `= a` `= 50\ 000`
`K_2` `= ar` `= 50\ 000 xx 1.04 = 52\ 000`
`⇒\ text(GP where)\ \ a = 50\ 000, \ \ r = 1.04`
`K_n` `= ar^(n-1)`
`K_13` `= 50\ 000 xx (1.04)^12`
  `= $80\ 051.61…`
  `= $80\ 052\ \ \ text{(nearest dollar)}`

  
c.
    `text(Anne)`

`S_n` `= n/2[2a + (n-1)d]`
 `S_20` `= 20/2[2 xx 50\ 000 + (20-1)2500]`
  `= 10[100\ 000 + 47\ 500]`
  `= $1\ 475\ 000`

  
`text(Kay)`

`S_n` `= (a(r^n-1))/(r-1)`
`S_20`  `= (50\ 000(1.04^20-1))/(1.04-1)`
  `= $1\ 488\ 903.929…`

   
`text(Difference)`

`= 1\ 488\ 903.929…-1\ 475\ 000`

`= $13\ 903.928…`

`= $13\ 904\ \ \  text{(nearest $)}`
  

`:.\ text(Kay’s total salary exceeds Anne’s by)\ $13\ 904`

Filed Under: Arithmetic Series, Arithmetic Series, Arithmetic Series, Geometric Series, Geometric Series, Geometric Series Tagged With: Band 3, Band 4, smc-1005-10-Find Term, smc-1005-20-Find Sum, smc-1005-40-AP/GP Combination, smc-1005-70-Applied Context, smc-1006-10-Find Term, smc-1006-20-Find Sum, smc-1006-50-AP/GP Combination, smc-1006-80-Applied Context, smc-7126-10-Find Term, smc-7126-20-Find Sum, smc-7126-40-AP/GP Combination, smc-7126-70-Applied Context, smc-7127-10-Find Term, smc-7127-20-Find Sum, smc-7127-40-AP/GP Combination, smc-7127-80-Applied Context

Financial Maths, 2ADV M1 2006 HSC 1f

Find the limiting sum of the geometric series  `13/5 + 13/25 + 13/125 + …`   (2 marks)

--- 5 WORK AREA LINES (style=lined) ---

Show Answers Only

`13/4`

Show Worked Solution

`13/5 + 13/25 + 13/125`

`=>\ text(GP  where)\ \ a=13/5,\ text(and)`

`r = T_2/T_1 = 13/25 ÷ 13/5 = 1/5`

`text(S)text(ince)\ |\ r\ | < 1`

`S_oo` `= a/(1-r)`
  `= (13/5)/(1-1/5)`
  `= 13/5 xx 5/4`
  `= 13/4`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 3, smc-1006-40-Limiting Sum, smc-1006-70-Calculations Only, smc-7127-50-Limiting Sum, smc-7127-70-Calculations Only

Financial Maths, 2ADV M1 EQ-Bank 25

Express the recurring decimal  `0.323232...`  as a fraction.   (2 marks)

--- 6 WORK AREA LINES (style=lined) ---

Show Answers Only

`32/99`

Show Worked Solution
`0.3232…` `=32/100+32/10^4+32/10^6+…`
  `=32/100(1+1/10^2+1/10^4+…)`

 
`=>\ text(GP where)\ \ a=1,\ \ r=1/10^2`

`0.3232…` `=32/100(a/(1-r))`
  `=32/100(1/(1-1/100))`
  `=32/100(1/(99/100))`
  `=32/99`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 4, smc-1006-40-Limiting Sum, smc-1006-80-Applied Context, smc-7127-50-Limiting Sum, smc-7127-80-Applied Context

Financial Maths, 2ADV M1 EQ-Bank 10 MC

The first term of a geometric sequence is `a`, where `a < 0`.

The common ratio of this sequence, `r`, is such that `r <-1`.

Which one of the following graphs best shows the first `10` terms of this sequence?

A1

A2

Show Answers Only

`B`

Show Worked Solution

`text(By elimination:)`

`a < 0\ \ text{(eliminate C)}`

`r < -1\ \ \->\ text{successive terms change sign and increase exponentially.}`

`text{(eliminate A and D)}`

`=> B`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 5, smc-1006-90-Graphs, smc-7127-90-Graphs

Financial Maths, 2ADV M1 EQ-Bank 9 MC

The graph above shows consecutive terms of a sequence.

The sequence could be

  1. geometric with common ratio `r`, where  `r < 0`
  2. geometric with common ratio `r`, where  `0 < r < 1`
  3. geometric with common ratio `r`, where  `r > 1`
  4. arithmetic with common difference `d`, where  `d < 0`
Show Answers Only

`B`

Show Worked Solution

`text (As)\ \ n\ \ text (increases,) \ \ t_n →0.`

`:.\ text (Series is a GP with a limiting sum, where\ \ |\ r\ | < 1.`

`text (Only one choice satisfies these conditions.)`

`=> B`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 5, smc-1006-90-Graphs, smc-7127-90-Graphs

Financial Maths, 2ADV M1 2014 HSC 14d

At the beginning of every 8-hour period, a patient is given 10 mL of a particular drug.

During each of these 8-hour periods, the patient’s body partially breaks down the drug. Only  `1/3`  of the total amount of the drug present in the patient’s body at the beginning of each 8-hour period remains at the end of that period.  

  1. How much of the drug is in the patient’s body immediately after the second dose is given?   (1 mark)

    --- 2 WORK AREA LINES (style=lined) ---

  2. Show that the total amount of the drug in the patient’s body never exceeds 15 mL.   (2 marks)

    --- 4 WORK AREA LINES (style=lined) ---

Show Answers Only

a.    `13.33\ text{mL  (2 d.p.)}`

b.    `text(Proof)\ \ text{(See Worked Solutions)}`

Show Worked Solution

a.    `text(Let)\ \ A =\ text(Amount of drug in body)`

`text(Initially)\ A = 10`

`text(After 8 hours)\ \ \ A` `=1/3 xx 10`
`text(After 2nd dose)\ \ A` `= 10 + 1/3 xx 10\ text(mL)`
  `=13.33\ text{mL  (2 d.p.)}`

 

b.    `text(After the 3rd dose)`

`A_3` `= 10 + 1/3 (10 + 1/3 xx 10)`
  `= 10 + 1/3 xx 10 + (1/3)^2 xx 10`

 
`  =>\ text(GP where)\ a = 10,\ r = 1/3`

`text(S)text(ince)\ \ |\ r\ | < 1:`

`S_oo` `= a/(1\ – r)`
  `= 10/(1\ – 1/3)`
  `= 10/(2/3)`
  `= 15`

 

  
`:.\ text(The amount of the drug will never exceed 15 mL.)`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 3, Band 4, smc-1006-10-Find Term, smc-1006-40-Limiting Sum, smc-1006-80-Applied Context, smc-7127-10-Find Term, smc-7127-30-Find Common Ratio, smc-7127-50-Limiting Sum, smc-7127-80-Applied Context

Financial Maths, 2ADV M1 2014 HSC 8 MC

Which expression is a term of the geometric series  `3x-6x^2 + 12x^3- ...` ?

  1. `3072 x^10`
  2. `-3072 x^10 `
  3. `3072 x^11`
  4. `-3072 x^11 `
Show Answers Only

`C`

Show Worked Solution

`3x-6x^2 + 12x^3- …`

`a` `= 3x`
`r` `= (T_2)/(T_1) = (-6x^2)/(3x) = -2x`

 

`:.\ T_n = ar^n` `= 3x (-2x)^n` 
  `= 3(-2)^n x^(n + 1)`

`text(If)\ n = 9`

`T_9 = 3(-2)^9 x^(9 + 1) = -1536 x^10`

`text(If)\ n = 10`

`T_10 = 3(-2)^10 x^(10 + 1) = 3072 x^11`
  

`=>  C`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 4, smc-1006-10-Find Term, smc-1006-70-Calculations Only, smc-7127-10-Find Term, smc-7127-70-Calculations Only

Financial Maths, 2ADV M1 2011 HSC 9d

  1. Rationalise the denominator in the expression  `1/(sqrtn + sqrt(n+1))`  where  `n`  is an integer and  `n >= 1`.   (1 mark)

    --- 4 WORK AREA LINES (style=lined) ---

  2. Using your result from part (i), or otherwise, find the value of the sum
  3. `1/(sqrt1+ sqrt2) + 1/(sqrt2 + sqrt3) + 1/(sqrt3 + sqrt4) + ... + 1/(sqrt99 + sqrt100)`   (2 marks)

    --- 5 WORK AREA LINES (style=lined) ---

Show Answers Only

a.    `sqrt(n+1)-sqrtn`

b.    `9`

Show Worked Solution

a.    `1/(sqrtn + sqrt(n+1)) xx (sqrtn-sqrt(n+1))/(sqrtn-sqrt(n+1))`

MARKER’S COMMENT: Students connecting the information between parts (i) and (ii) were easily the most successful. AGAIN, the information from earlier parts of multi-part questions is gold plated information for directing your answer.

`= (sqrtn-sqrt(n+1))/((sqrtn)^2-(sqrt(n+1))^2)`

`= (sqrtn-sqrt(n+1))/(n-(n + 1))`

`= (sqrtn-sqrt(n+1))/-1`

`= sqrt(n+1)-sqrtn`

 

b.    `1/(sqrt1 + sqrt2) + 1/(sqrt2 + sqrt3) + 1/(sqrt3 + sqrt4) + … + 1/(sqrt99 + sqrt100)`

`= (sqrt2-sqrt1) + (sqrt3-sqrt2) + (sqrt4-sqrt3) + … + (sqrt100\ – sqrt99)`

`=-sqrt1 + sqrt 100`

♦♦♦ Mean mark 15%.

`= -1 + 10= 9`

 

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 3, Band 6, smc-1006-20-Find Sum, smc-1006-70-Calculations Only, smc-7127-20-Find Sum, smc-7127-70-Calculations Only

Financial Maths, 2ADV M1 2008 HSC 5b

Consider the geometric series

`5+10x+20x^2+40x^3+\ ...`

  1. For what values of `x` does this series have a limiting sum?   (2 marks)

    --- 4 WORK AREA LINES (style=lined) ---

  2. The limiting sum of this series is `100`.
  3. Find the value of `x`.   (2 marks)

    --- 4 WORK AREA LINES (style=lined) ---

Show Answers Only

a.    `-1/2<x<1/2`

b.    `19/40`

Show Worked Solutions

a.    `text(Limiting sum when)\ |\ r\ |<1`

`r=T_2/T_1=(10x)/5=2x`

`:.\ |\ 2x\ |<1`

`text(If)\ \ 2x` `>0` `text(If)\ \ 2x` `<0`
`2x` `<1` `-(2x)` `<1`
`x` `<1/2` `2x` `> -1`
    `x` `> -1/2`

  
`:. text(Limiting sum when)\ \ -1/2<x<1/2`
  

b.    `text(Given)\  S_oo=100,  text(find) \ x`

`=> S_oo=a/(1-r)=100`

` 5/(1-2x)` `=100`
`100(1-2x)` `=5`
`200x` `=95`
`:.\ x` `=95/200=19/40`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 4, Band 5, smc-1006-40-Limiting Sum, smc-1006-70-Calculations Only, smc-7127-30-Find Common Ratio, smc-7127-50-Limiting Sum, smc-7127-70-Calculations Only

Financial Maths, 2ADV M1 2008 HSC 4b

The zoom function in a software package multiplies the dimensions of an image by 1.2.  In an image, the height of a building is 50 mm. After the zoom function is applied once, the height of the building in the image is 60 mm. After the second application, it is 72 mm.

  1. Calculate the height of the building in the image after the zoom function has been applied eight times. Give your answer to the nearest mm.   (2 marks)

    --- 4 WORK AREA LINES (style=lined) ---

  2. The height of the building in the image is required to be more than 400 mm. Starting from the original image, what is the least number of times the zoom function must be applied?   (2 marks)

    --- 4 WORK AREA LINES (style=lined) ---

Show Answers Only

a.    `text(215 mm)`

b.    `12`

Show Worked Solutions
a.     `T_1` `=a=50`
  `T_2` `=ar^1=50(1.2)=60`
  `T_3` `=ar^2=50(1.2)^2=72`

 
`=>\ text(GP where)\ \ a=50,\ \ r=1.2`

`\ \ vdots` 

MARKER’S COMMENT: Within this GP, note that `T_9` is the term where the zoom has been applied 8 times.
`T_9` `=50(1.2)^8`
  `=214.99`

  
`:.\ text{Height will be 215 mm  (nearest mm)}`
  

b.     `T_n=ar^(n-1)` `>400`
  `:.\ 50(1.2)^(n-1)` `>400`
  `1.2^(n-1)` `>8`
  `ln 1.2^(n-1)` `>ln8`
  `n-1` `>ln8/ln1.2`
  `n` `>12.405`

 

`:.\ text(The height of the building in the 13th image)`

`text(will be higher than 400 mm, which is the 12th)`

`text(time the zoom would be applied.)`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 3, Band 4, smc-1006-10-Find Term, smc-1006-80-Applied Context, smc-7127-10-Find Term, smc-7127-80-Applied Context

Financial Maths, 2ADV M1 2009 HSC 4a

A tree grows from ground level to a height of 1.2 metres in one year. In each subsequent year, it grows `9/10` as much as it did in the previous year.

Find the limiting height of the tree.   (2 marks)

--- 4 WORK AREA LINES (style=lined) ---

Show Answer Only

`12\ text(m)`

Show Worked Solution

`a=1.2, \ \ \ r=9/10`

`text(S)text(ince)\ \ |\ r\ |<1,`

`S_oo` `=a/(1-r)`
  `=1.2/(1-(9/10))`
  `=12\ text(m)`

 

`:.\ text(Limiting height of tree is 12 m.)`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 3, smc-1006-40-Limiting Sum, smc-1006-80-Applied Context, smc-7127-50-Limiting Sum, smc-7127-80-Applied Context

Financial Maths, 2ADV M1 2009 HSC 2c

Evaluate  `sum_(k=1)^4 (-1)^kk^2`.   (2 marks)

Show Answer Only

`10`

Show Worked Solutions

`sum_(k=1)^4 (-1)^kk^2`

`=(-1)^1 xx 1^2+(-1)^2 xx 2^2+(-1)^3 xx 3^2+(-1)^4 xx 4^2`

`=-1+4-9+16`

`=10`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 3, smc-1006-20-Find Sum, smc-1006-70-Calculations Only, smc-7127-20-Find Sum, smc-7127-70-Calculations Only

Financial Maths, 2ADV M1 2010 HSC 1f

Find the limiting sum of the geometric series ..

`1\ -1/3\ +1/9\ -1/27\ ...`   (2 marks)

--- 4 WORK AREA LINES (style=lined) ---

 

Show Answer Only

`3/4`

Show Worked Solutions

`a=1`

`r=T_2/T_1=(-1/3)/1=- 1/3`

`text(S)text(ince)\ |\ r\ |<1,`

`:. S_oo` `=a/(1-r)`
  `=1/(1-(-1/3))`
  `=3/4`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 3, smc-1006-40-Limiting Sum, smc-1006-70-Calculations Only, smc-7127-50-Limiting Sum, smc-7127-70-Calculations Only

Financial Maths, 2ADV M1 2011 HSC 5a

The number of members of a new social networking site doubles every day. On Day 1 there were 27 members and on Day 2 there were 54 members.

  1. How many members were there on Day 12?   (1 mark)

    --- 1 WORK AREA LINES (style=lined) ---

  2. On which day was the number of members first greater than 10 million?   (2 marks)

    --- 6 WORK AREA LINES (style=lined) ---

  3. The site earns 0.5 cents per member per day. How much money did the site earn in the first 12 days? Give your answer to the nearest dollar.   (2 marks)

    --- 5 WORK AREA LINES (style=lined) ---

Show Answers Only

a.    `55\ 296`

b.    `text(20th)`

c.    `$553`

Show Worked Solutions
MARKER’S COMMENT: Better responses stated the general term, `T_n` before any substitution was made, as shown in the worked solutions.

a.    `T_1=a=27`

`T_2=27xx2^1=54`

`T_3=27xx2^2=108`

`=>\ text(GP where)\ \ a=27,\ \ r=2`

`\ \ \ vdots`

`T_n` `=ar^(n-1)`
`T_12` `=27 xx 2^11=55\ 296`

  
`:.\ text(On Day 12, there are 55 296 members.)`
  

b.    `text(Find)\ n\ text(such that)\  T_n>10\ 000\ 000`

MARKER’S COMMENT: Many elementary errors were made by students in dealing with logarithms. BE VIGILANT.
`T_n` `=27(2^(n-1))`
`27xx2^(n-1)` `>10\ 000\ 000`
`2^(n-1)` `>(10\ 000\ 000)/27`
`ln 2^(n-1)` `>ln((10\ 000\ 000)/27)`
`(n-1)ln2` `>ln(370\ 370.370)`
`n-1` `>ln(370\ 370.370)/ln 2`
`n-1` `>18.499…`
`n` `>19.499…`

  
`:.\ text(On the 20th day, the number of members >10 000 000.)`
  

c.    `text(If the site earns 0.5 cents per day per member,)`

`text(On Day 1, it earns)\  27 xx 0.5 = 13.5\ text(cents)`

`text(On Day 2, it earns)\  27 xx 2 xx 0.5 = 27\ text(cents)`

`T_1=a=13.5`

`T_2=27`

`T_3=54`

`=>\ text(GP where)\ \ a=13.5,\ \ r=2`
 

`S_12=text(the total amount of money earned in the first 12 Days)`

♦ Mean mark 44%.
NOTE: This question can also be easily solved by making `S_12` the total sum of members (each day) and then multiplying by 0.5 cents.
`S_12` `=(a(r^n-1))/(r-1)`
  `=(13.5(2^12-1))/(2-1)`
  `=55\ 282.5\ \ text(cents)`
  `=552.825\ \ text(dollars)`

  
`:.\ text{The site earned $553 in the first 12 Days (nearest $).}`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 4, Band 5, page-break-before-solution, smc-1006-10-Find Term, smc-1006-20-Find Sum, smc-1006-80-Applied Context, smc-7127-10-Find Term, smc-7127-20-Find Sum, smc-7127-80-Applied Context

Financial Maths, 2ADV M1 2012 HSC 15a

Rectangles of the same height are cut from a strip and arranged in a row. The first rectangle has width 10cm. The width of each subsequent rectangle is 96% of the width of the previous rectangle.
 

2012 15a
 

  1. Find the length of the strip required to make the first ten rectangles.   (2 marks)

    --- 5 WORK AREA LINES (style=lined) ---

  2. Explain why a strip of 3m is sufficient to make any number of rectangles.   (1 mark)

    --- 2 WORK AREA LINES (style=lined) ---

Show Answers Only

a.    `83.8\ text{cm  (1 d.p.)}`

b.    `S_oo=2.5\ text(m)\ \ =>\ \ text(sufficient.)`

Show Worked Solutions
a.    `T_1` `=a=10`
`T_2` `=ar=10xx0.96=9.6`
`T_3` `=ar^2=10xx0.96^2=9.216`

 
`=>\ text(GP where)\ \ a=10\ \ text(and)\ \ r=0.96`

MARKER’S COMMENT: A common error was to find `T_10` instead of `S_10`
`S_10` `=\ text(Length of strip for 10 rectangles)`
  `=(a(1-r^n))/(1-r)`
  `=10((1-0.96^10)/(1-0.96))`
  `=83.8\ text{cm   (to 1 d.p.)}`

 

b.    `text(S)text(ince)\ |\ r\ |<\ 1`

`S_oo` `=a/(1-r)`
  `=10/(1-0.96)`
  `=250\ text(cm)`

 

`:.\ text(S)text(ince  3 m > 2.5 m, it is sufficient.)`

Filed Under: Geometric Series, Geometric Series, Geometric Series Tagged With: Band 3, Band 4, smc-1006-20-Find Sum, smc-1006-40-Limiting Sum, smc-1006-80-Applied Context, smc-7127-20-Find Sum, smc-7127-50-Limiting Sum, smc-7127-80-Applied Context

Probability, 2ADV S1 2013 HSC 15d

Pat and Chandra are playing a game. They take turns throwing two dice. The game is won by the first player to throw a double six. Pat starts the game.

  1. Find the probability that Pat wins the game on the first throw.   (1 mark)

    --- 2 WORK AREA LINES (style=lined) ---

  2. What is the probability that Pat wins the game on the first or on the second throw?   (2 marks)

    --- 5 WORK AREA LINES (style=lined) ---

  3. Find the probability that Pat eventually wins the game.   (2 marks)

    --- 5 WORK AREA LINES (style=lined) ---

Show Answers Only

a.    `1/36`

b.    `(2521)/(46\ 656)\ \ text(or)\ \ 0.054`

c.    `36/71`

Show Worked Solutions

a.    `P\ text{(Pat wins on 1st throw)}=P(W)`

`P(W)` `=P\ text{(Pat throws 2 sixes)}`
  `=1/6 xx 1/6`
  `=1/36`

  
b.   
`text(Let)\ P(L)=P text{(loss for either player on a throw)}=35/36`

`P text{(Pat wins on 1st or 2nd throw)}` 

♦♦ Mean mark (b) 33%
MARKER’S COMMENT: Many students did not account for Chandra having to lose when Pat wins on the 2nd attempt.

`=P(W) + P(LL W)`

`=1/36\ + \ (35/36)xx(35/36)xx(1/36)`

`=(2521)/(46\ 656)`

`=0.054\ \ \ text{(to 3 d.p.)}`

  
c.   
`P\ text{(Pat wins eventually)}`

`=P(W) + P(LL\ W)+P(LL\ LL\ W)+ … `

`=1/36\ +\ (35/36)^2 (1/36)\ +\ (35/36)^2 (35/36)^2 (1/36)\ +…`

 
`=>\ text(GP where)\ \ a=1/36,\ \ r=(35/36)^2=(1225)/(1296)`

♦♦♦ Mean mark (c) 8%!
 COMMENT: Be aware that diminishing probabilities and `S_oo` within the Series and Applications are a natural cross-topic combination.

   
`text(S)text(ince)\ |\ r\ |<\ 1:`

`S_oo` `=a/(1-r)`
  `=(1/36)/(1-(1225/1296))`
  `=1/36 xx 1296/71`
  `=36/71`

  
`:.\ text(Pat’s chances to win eventually are)\  36/71`.

Filed Under: 3. Probability, Geometric Series, Geometric Series, Geometric Series, Multi-Stage Events, Multi-Stage Events Tagged With: Band 3, Band 5, Band 6, smc-1006-40-Limiting Sum, smc-1006-80-Applied Context, smc-1006-95-X-topic, smc-6469-20-Other Multi-Stage Events, smc-6469-50-Probability and Series, smc-7127-50-Limiting Sum, smc-7127-80-Applied Context, smc-7127-95-X-topic, smc-989-20-Other Multi-Stage Events, smc-989-50-Probability and Series

Financial Maths, 2ADV M1 2013 HSC 12c

Kim and Alex start jobs at the beginning of the same year. Kim's annual salary in the first year is `$30 000` and increases by 5% at the beginning of each subsequent year. Alex's annual salary in the first year is `$33 000`, and increases by $1500 at the beginning of each subsequent year.

  1. Show that in the 10th year, Kim's annual salary is higher than Alex's annual salary.   (2 marks)

    --- 4 WORK AREA LINES (style=lined) ---

  2. In the first 10 years how much, in total, does Kim earn?   (2 marks)

    --- 4 WORK AREA LINES (style=lined) ---

  3. Every year, Alex saves `1/3` of her annual salary. How many years does it take her to save $87,500?   (3 marks)

    --- 6 WORK AREA LINES (style=lined) ---

Show Answers Only

a.    `text{Proof (See Worked Solutions)}`

b.    `$377\ 336.78`

c.    `text(7  years)`

Show Worked Solutions

a.    `text(Let)\ \ K_n=text(Kim’s salary in Year)\  n`

`{:{:(K_1=a=30\ 000),(K_2=ar^1=30\ 000(1.05^1)):}}{:(\ =>\ GP),(\ \ \ \ \ \ a=30\ 000),(\ \ \ \ \ \ r=1.05):}`

`vdots`

`:.K_10=ar^9=30\ 000(1.05)^9=$46\ 539.85`
  

`text(Let)\ \ A_n=text(Alex’s salary in Year)\ n`

`{:{:(A_1=a=33\ 000),(A_2=33\ 000+1500=34\ 500):}}{:(\ =>\ AP),(\ \ \ \ \ \ a=33\ 000),(\ \ \ \ \ \ d=1500):}`

`vdots`

`A_10=a+9d=33\ 000+1500(9)=$46\ 500`

`=>K_10>A_10`
 

`:.\ text(Kim earns more than Alex in the 10th year)`

  
b.   
`text(In the first 10 years, Kim earns)`

`K_1+K_2+\  ….+ K_10`

`S_10` `=a((r^n-1)/(r-1))`
  `=30\ 000((1.05^10-1)/(1.05-1))`
  `=377\ 336.78`

    
`:.\ text(In the first 10 years, Kim earns $377 336.78)`
  

c.    `text(Let)\ T_n=text(Alex’s savings in Year)\ n`

`{:{:(T_1=a=1/3(33\ 000)=11\ 000),(T_2=a+d=1/3(34\ 500)=11\ 500),(T_3=a+2d=1/3(36\ 000)=12\ 000):}}{:(\ =>\ AP),(\ \ \ \ a=11\ 000),(\ \ \ \ d=500):}`
 

`text(Find)\ n\ text(such that)\ S_n=87\ 500`

♦ Mean mark (c) 45%.
IMPORTANT: Using the AP sum formula to create and then solve a quadratic in `n` is challenging and often examined. Students need to solve and interpret the solutions.
`S_n` `=n/2[2a+(n-1)d]`
`87\ 500` `=n/2[22\ 000+(n-1)500]`
`87\ 500` `=n/2[21\ 500+500n]`
`250n^2+10\ 750n-87\ 500` `=0`
`n^2+43n-350` `=0`
`(n-7)(n+50)` `=0`

 
`:.n=7,\ \ \ \ n>0`

`:.\ text(Alex’s savings will be $87,500 after 7 years).`

Filed Under: Arithmetic Series, Arithmetic Series, Arithmetic Series, Geometric Series, Geometric Series, Geometric Series Tagged With: Band 4, Band 5, page-break-before-solution, smc-1005-10-Find Term, smc-1005-20-Find Sum, smc-1005-40-AP/GP Combination, smc-1005-70-Applied Context, smc-1006-10-Find Term, smc-1006-20-Find Sum, smc-1006-50-AP/GP Combination, smc-1006-80-Applied Context, smc-7126-10-Find Term, smc-7126-20-Find Sum, smc-7126-40-AP/GP Combination, smc-7126-70-Applied Context, smc-7127-10-Find Term, smc-7127-20-Find Sum, smc-7127-40-AP/GP Combination, smc-7127-80-Applied Context

Copyright © 2014–2026 SmarterEd.com.au · Log in