Probability, STD2 S2 2013 HSC 10 MC
Financial Maths, STD2 F1 2013 HSC 9 MC
Lynne invests $1000 for a term of 15 months. Simple interest is paid on the investment at a rate of 3.75% per annum.
How much will Lynne's investment be worth at the end of the term?
- $1046.88
- $1047.09
- $1296.88
- $1468.75
Statistics, STD2 S1 2013 HSC 6 MC
A survey was conducted where people were asked which of two brands of smartphones they preferred. The results were:
- 48% preferred Brand X
- 52% preferred Brand Y
A graph displaying the data is to be included in a magazine article. The editor of the magazine wishes to ensure that the graph is not misleading in any way.
Which graph should the editor choose to include in the article?
Algebra, 2UG 2013 HSC 5 MC
Which of the following is `(12T^2)/(3Txx2W)` in its simplest form?
- `(2T)/W`
- `2TW`
- `(8T)/W`
- `8TW`
Financial Maths, STD2 F1 2013 HSC 3 MC
Luke's normal rate of pay is $24.80 per hour. In one week he worked 14 hours at the normal rate, 4 hours at time-and-a-half, and 3 .5 hours at double time. He was also paid a wet weather allowance of $50 for the week.
What was his pay for the week?
- $583.20
- $620.40
- $669.60
- $719.60
Statistics, STD2 S4 2013 HSC 2 MC
Probability, STD2 S2 2013 HSC 1 MC
Which of the following events would be LEAST likely to occur?
- Tossing a fair coin and obtaining a head
- Rolling a standard six-sided die and obtaining a 3
- Randomly selecting the letter 'G' from the 26 letters of the alphabet
- Winning first prize in a raffle of 100 tickets in which you have 4 tickets
Quadratic, 2UA 2011 HSC 2a
The quadratic equation `x^2-6x+2=0` has roots `alpha` and `beta`.
- Find `alpha+beta`. (1 mark)
- Find `alpha beta`. (1 mark)
- Find `1/alpha+1/beta`. (1 mark)
Quadratic, 2UA 2012 HSC 11e
Find the coordinates of the focus of the parabola `x^2=16(y-2)`. (2 marks)
Quadratric, 2UA 2013 HSC 7 MC
A parabola has focus `(5,0)` and directrix `x=1`.
What is the equation of the parabola?
(A) `y^2=16(x-5)`
(B) `y^2=8(x-3)`
(C) `y^2=-16(x-5)`
(D) `y^2=-8(x-3)`
Calculus, 2ADV C3 2008 HSC 10b
The diagram shows two parallel brick walls `KJ` and `MN` joined by a fence from `J` to `M`. The wall `KJ` is `s` metres long and `/_KJM=alpha`. The fence `JM` is `l` metres long.
A new fence is to be built from `K` to a point `P` somewhere on `MN`. The new fence `KP` will cross the original fence `JM` at `O`.
Let `OJ=x` metres, where `0<x<l`.
- Show that the total area, `A` square metres, enclosed by `DeltaOKJ` and `DeltaOMP` is given by
`A=s(x-l+l^2/(2x))sin alpha`. (3 marks)
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- Find the value of `x` that makes `A` as small as possible. Justify the fact that this value of `x` gives the minimum value for `A`. (3 marks)
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- Hence, find the length of `MP` when `A` is as small as possible. (1 mark)
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Calculus, 2ADV C3 2009 HSC 9b
An oil rig, `S`, is 3 km offshore. A power station, `P`, is on the shore. A cable is to be laid from `P` to `S`. It costs $1000 per kilometre to lay the cable along the shore and $2600 per kilometre to lay the cable underwater from the shore to `S`.
The point `R` is the point on the shore closest to `S`, and the distance `PR` is 5 km.
The point `Q` is on the shore, at a distance of `x` km from `R`, as shown in the diagram.
- Find the total cost of laying the cable in a straight line from `P` to `R` and then in a straight line from `R` to `S`. (1 mark)
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- Find the cost of laying the cable in a straight line from `P` to `S`. (1 mark)
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- Let `$C` be the total cost of laying the cable in a straight line from `P` to `Q`, and then in a straight line from `Q` to `S`.
Show that `C=1000(5-x+2.6sqrt(x^2+9))`. (2 marks)
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- Find the minimum cost of laying the cable. (4 marks)
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- New technology means that the cost of laying the cable underwater can be reduced to $1100 per kilometre.
Determine the path for laying the cable in order to minimise the cost in this case. (2 marks)
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Calculus, 2ADV C3 2010 HSC 5a
A rainwater tank is to be designed in the shape of a cylinder with radius `r` metres and height `h` metres.
The volume of the tank is to be 10 cubic metres. Let `A` be the surface area of the tank, including its top and base, in square metres.
- Given that `A=2pir^2+2pi r h`, show that `A=2 pi r^2+20/r`. (2 marks)
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- Show that `A` has a minimum value and find the value of `r` for which the minimum occurs. (3 marks)
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Calculus, 2ADV C3 2011 HSC 10b
A farmer is fencing a paddock using `P` metres of fencing. The paddock is to be in the shape of a sector of a circle with radius `r` and sector angle `theta` in radians, as shown in the diagram.
- Show that the length of fencing required to fence the perimeter of the paddock is
`P=r(theta+2)`. (1 mark)
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- Show that the area of the sector is `A=1/2 Pr-r^2`. (1 mark)
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- Find the radius of the sector, in terms of `P`, that will maximise the area of the paddock. (2 marks)
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- Find the angle `theta` that gives the maximum area of the paddock. (1 mark)
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- Explain why it is only possible to construct a paddock in the shape of a sector if
`P/(2(pi+1)) <\ r\ <P/2` (2 marks)
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Mechanics, EXT2* M1 2009 HSC 6a
Two points, `A` and `B`, are on cliff tops on either side of a deep valley. Let `h` and `R` be the vertical and horizontal distances between `A` and `B` as shown in the diagram. The angle of elevation of `B` from `A` is `theta`, so that `theta=tan^-1(h/R)`.
At time `t=0`, projectiles are fired simultaneously from `A` and `B`. The projectile from `A` is aimed at `B`, and has initial speed `U` at an angle of `theta` above the horizontal. The projectile from `B` is aimed at `A` and has initial speed `V` at an angle `theta` below the horizontal.
The equations of motion for the projectile from `A` are
`x_1=Utcos theta` and `y_1=Utsin theta-1/2 g t^2`,
and the equations for the motion of the projectile from `B` are
`x_2=R-Vtcos theta` and `y_2=h-Vtsin theta-1/2 g t^2`, (DO NOT prove these equations.)
- Let `T` be the time at which `x_1=x_2`.
Show that `T=R/((U+V)\ cos theta)`. (1 mark)
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- Show that the projectiles collide. (2 marks)
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- If the projectiles collide on the line `x=lambdaR`, where `0<lambda<1`, show that
`V=(1/lambda-1)U`. (1 mark)
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Mechanics, EXT2* M1 2013 HSC 13c
Points `A` and `B` are located `d` metres apart on a horizontal plane. A projectile is fired from `A` towards `B` with initial velocity `u` m/s at angle `alpha` to the horizontal.
At the same time, another projectile is fired from `B` towards `A` with initial velocity `w` m/s at angle `beta` to the horizontal, as shown on the diagram.
The projectiles collide when they both reach their maximum height.
The equations of motion of a projectile fired from the origin with initial velocity `V` m/s at angle `theta` to the horizontal are
`x=Vtcostheta` and `y=Vtsintheta-g/2 t^2`. (DO NOT prove this.)
- How long does the projectile fired from `A` take to reach its maximum height? (2 marks)
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- Show that `usinalpha=w sin beta`. (1 mark)
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- Show that `d=(uw)/(g)sin(alpha+beta)`. (2 marks)
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Calculus in the Physical World, 2UA 2008 HSC 6b
The graph shows the velocity of a particle, `v` metres per second, as a function of time, `t` seconds.
- What is the initial velocity of the particle? (1 mark)
- When is the velocity of the particle equal to zero? (1 mark)
- When is the acceleration of the particle equal to zero? (1 mark)
- By using Simpson's Rule with five function values, estimate the distance travelled by the particle between `t=0` and `t=8`. (3 marks)
Calculus, 2ADV C4 2009 HSC 7a
The acceleration of a particle is given by
`a=8e^(-2t)+3e^(-t)`,
where `x` is the displacement in metres and `t` is the time in seconds.
Initially its velocity is `text(– 6 ms)^(–1)` and its displacement is 5 m.
- Show that the displacement of the particle is given by
- `qquad x=2e^(-2t)+3e^-t+t`. (2 marks)
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- Find the time when the particle comes to rest. (3 marks)
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- Find the displacement when the particle comes to rest. (1 mark)
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Calculus, EXT1* C1 2010 HSC 7a
The acceleration of a particle is given by
`ddotx=4cos2t`,
where `x` is the displacement in metres and `t` is the time in seconds.
Initially the particle is at the origin with a velocity of `text(1 ms)^(–1)`.
- Show that the velocity of the particle is given by
`dotx=2sin2t+1`. (2 marks)
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- Find the time when the particle first comes to rest. (2 marks)
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- Find the displacement, `x`, of the particle in terms of `t`. (2 marks)
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Calculus, 2ADV C4 2012 HSC 15b
The velocity of a particle is given by
`v=1-2cost`,
where `x` is the displacement in metres and `t` is the time in seconds. Initially the particle is 3 m to the right of the origin.
- Find the initial velocity of the particle. (1 mark)
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- Find the maximum velocity of the particle. (1 mark)
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- Find the displacement, `x`, of the particle in terms of `t`. (2 marks)
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- Find the position of the particle when it is at rest for the first time. (2 marks)
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Calculus, EXT1 C1 2010 HSC 2b
The mass `M` of a whale is modelled by
`M=36-35.5e^(-kt)`
where `M` is measured in tonnes, `t` is the age of the whale in years and `k` is a positive constant.
- Show that the rate of growth of the mass of the whale is given by the differential equation
`qquad qquad (dM)/(dt)=k(36-M)` (1 mark)
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- When the whale is 10 years old its mass is 20 tonnes.
Find the value of `k`, correct to three decimal places. (2 marks)
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- According to this model, what is the limiting mass of the whale? (1 mark)
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Calculus, EXT1 C1 2011 HSC 5b
To test some forensic science students, an object has been left in the park. At 10am the temperature of the object is measured to be 30°C. The temperature in the park is a constant 22°C. The object is moved immediately to a room where the temperature is a constant 5°C.
The temperature of the object in the room can be modelled by the equation
`T=5+25e^(-kt)`,
where `T` is the temperature of the object in degrees Celcius, `t` is the time in hours since the object was placed in the room and `k` is a constant.
After one hour in the room the temperature of the object is 20°C.
- Show that `k=ln(5/3)` (2 marks)
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- In a similar manner, the temperature of the object in the park before it was discovered can be modelled by an equation in the form `T=A+Be^(-kt)`, with the same constant `k=ln(5/3)`.
Find the time of day when the object had a temperature of 37°C. (3 marks)
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Calculus, EXT1* C1 2008 HSC 5c
Light intensity is measured in lux. The light intensity at the surface of a lake is 6000 lux. The light intensity, `I` lux, a distance `s` metres below the surface of the lake is given by
`I=Ae^(-ks)`
where `A`, and `k` are constants.
- Write down the value of `A`. (2 marks)
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- The light intensity 6 metres below the surface of the lake is 1000 lux. Find the value of `k`. (2 marks)
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- At what rate, in lux per metre, is the light intensity decreasing 6 metres below the surface of the lake? (2 marks)
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Calculus, EXT1* C1 2009 HSC 6b
Radium decays at a rate proportional to the amount of radium present. That is, if `Q(t)` is the amount of radium present at time `t`, then `Q=Ae^(-kt)`, where `k` is a positive constant and `A` is the amount present at `t=0`. It takes 1600 years for an amount of radium to reduce by half.
- Find the value of `k`. (2 marks)
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- A factory site is contaminated with radium. The amount of radium on site is currently three times the safe level.
How many years will it be before the amount of radium reaches the safe level. (2 marks)
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Calculus, EXT1* C1 2010 HSC 8a
Assume that the population, `P`, of cane toads in Australia has been growing at a rate proportional to `P`. That is, `(dP)/(dt)=kP` where `k` is a positive constant.
There were 102 cane toads brought to Australia from Hawaii in 1935.
Seventy-five years later, in 2010, it is estimated that there are 200 million cane toads in Australia.
If the population continues to grow at this rate, how many cane toads will there be in Australia in 2035? (4 marks)
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Calculus, EXT1* C1 2011 HSC 10a
The intensity, `I`, measured in watt/m2, of a sound is given by
`I=10^-12xxe^(0.1L)`,
where `L` is the loudness of the sound in decibels.
- If the loudness of a sound at a concert is 110 decibels, find the intensity of the sound. Give your answer in scientific notation. (1 mark)
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- Ear damage occurs if the intensity of a sound is greater than `8.1xx10^-9` watt/m2.
What is the maximum loudness of a sound so that no ear damage occurs? (2 marks)
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- By how much will the loudness of a sound have increased if its intensity has doubled? (2 marks)
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Calculus, EXT1* C1 2012 HSC 14c
Professor Smith has a colony of bacteria. Initially there are 1000 bacteria. The number of bacteria, `N(t)`, after `t` minutes is given by
`N(t)=1000e^(kt)`.
- After 20 minutes there are 2000 bacteria.
Show that `k=0.0347` correct to four decimal places. (1 mark)
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- How many bacteria are there when `t=120`? (1 mark)
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- What is the rate of change of the number of bacteria per minute, when `t=120`? (1 mark)
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- How long does it take for the number of bacteria to increase from 1000 to 100 000? (2 marks)
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Calculus, EXT1* C1 2013 HSC 16b
Trout and carp are types of fish. A lake contains a number of trout. At a certain time, 10 carp are introduced into the lake and start eating the trout. As a consequence, the number of trout, `N`, decreases according to
`N=375-e^(0.04t)`,
where `t` is the time in months after the carp are introduced.
The population of carp, `P`, increases according to `(dP)/(dt)=0.02P`.
- How many trout were in the lake when the carp were introduced? (1 mark)
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- When will the population of trout be zero? (1 mark)
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- Sketch the number of trout as a function of time. (1 marks)
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- When is the rate of increase of carp equal to the rate of decrease of trout? (3 marks)
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- When is the number of carp equal to the number of trout? (2 marks)
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Calculus, 2ADV C3 2011 HSC 7b
The velocity of a particle moving along the `x`-axis is given by
`v=8-8e^(-2t)`,
where `t` is the time in seconds and `x` is the displacement in metres.
- Show that the particle is initially at rest. (1 mark)
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- Show that the acceleration of the particle is always positive. (1 mark)
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- Explain why the particle is moving in the positive direction for all `t>0`. (2 marks)
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- As `t->oo`, the velocity of the particle approaches a constant.
Find the value of this constant. (1 mark)
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- Sketch the graph of the particle's velocity as a function of time. (2 marks)
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Calculus, 2ADV C4 2010 HSC 5c
The diagram shows the curve `y=1/x`, for `x>0`.
The area under the curve between `x=a` and `x=1` is `A_1`. The area under the curve between `x=1` and `x=b` is `A_2`.
The areas `A_1` and `A_2` are each equal to `1` square unit.
Find the values of `a` and `b`. (3 marks)
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Financial Maths, 2ADV M1 2008 HSC 9b
Peter retires with a lump sum of $100 000. The money is invested in a fund which pays interest each month at a rate of 6% per annum, and Peter receives a fixed monthly payment `$M` from the fund. Thus the amount left in the fund after the first monthly payment is `$(100\ 500-M)`.
- Find a formula for the amount, `$A_n`, left in the fund after `n\ ` monthly payments. (2 marks)
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- Peter chooses the value of `M` so that there will be nothing left in the fund at the end of the 12th year (after 144 payments). Find the value of `M`. (3 marks)
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Financial Maths, 2ADV M1 2008 HSC 5b
Consider the geometric series
`5+10x+20x^2+40x^3+\ ...`
- For what values of `x` does this series have a limiting sum? (2 marks)
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- The limiting sum of this series is `100`.
Find the value of `x`. (2 marks)
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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.
- 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)
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- 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)
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Proof, EXT1 P1 2011 HSC 6a
Use mathematical induction to prove that for `n>=1`,
`1xx5+2xx6+3xx7+\ …\ +n(n+4)=1/6n(n+1)(2n+13)`. (3 marks)
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L&E, 2ADV E1 2009 HSC 1f
Solve the equation `lnx=2`. Give you answer correct to four decimal places. (2 marks)
L&E, 2ADV E1 2010 HSC 4d
Let `f(x)=1+e^x`.
Show that `f(x)xxf(–x)=f(x)+f(–x)`. (2 marks)
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Calculus, 2ADV C4 2010 HSC 4b
Calculus, 2ADV C4 2010 HSC 3b
- Sketch the curve `y=lnx`. (1 mark)
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- Use the trapezoidal rule with 3 function values to find an approximation to `int_1^3 lnx\ dx` (2 marks)
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- State whether the approximation found in part (ii) is greater than or less than the exact value of `int_1^3 lnx\ dx`. Justify your answer. (1 mark)
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Calculus, 2ADV C4 2010 HSC 2dii
Find `intx/(4+x^2)\ dx`. (2 marks)
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Calculus, 2ADV C3 2010 HSC 2c
Find the gradient of the tangent to the curve `y=ln (3x)` at the point where `x=2`. (2 marks)
Calculus, 2ADV C4 2011 HSC 4b
Evaluate `int_e^(e^3) 5/x\ dx` (2 marks)
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Calculus, 2ADV C4 2012 HSC 12b
Find `int(4x)/(x^2+6)\ dx`. (2 marks)
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Calculus, 2ADV C4 2012 HSC 9 MC
What is the value of `int_1^4 1/(3x)\ dx`?
- `1/3ln3`
- `1/3ln4`
- `ln9`
- `ln12`
L&E, 2ADV E1 2012 HSC 7 MC
Let `a=e^x`
Which expression is equal to `log_e(a^2)`?
- `e^(2x)`
- `e^(x^2)`
- `2x`
- `x^2`
Calculus, 2ADV C4 2013 HSC 11f
Evaluate `int_0^1x^2/(x^3+1)\ dx` (3 marks)
L&E, 2ADV E1 2013 HSC 9 MC
What is the solution of `5^x=4`?
- `x=(log_2 4)/5`
- `x=4/(log_2 5)`
- `x=(log_2 4)/(log_2 5)`
- `x=log_2(4/5)`
Financial Maths, 2ADV M1 2009 HSC 8b
One year ago Daniel borrowed $350 000 to buy a house. The interest rate was 9% per annum, compounded monthly. He agreed to repay the loan in 25 years with equal monthly repayments of $2937.
- Calculate how much Daniel owed after his first monthly repayment. (1 mark)
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Daniel has just made his 12th monthly repayment. He now owes $346 095. The interest rate now decreases to 6% per annum, compounded monthly.
The amount `$A_n`, owing on the loan after the `n`th monthly repayment is now calculated using the formula
`qquad qquad A_n=346,095xx1.005^n-1.005^(n-1)M-\ ... -1.005M-M`
where `$M` is the monthly repayment, and `n=1,2,\ ...,288`. (DO NOT prove this formula.)
- Calculate the monthly repayment if the loan is to be repaid over the remaining 24 years (288 months). (3 marks)
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- Daniel chooses to keep his monthly repayments at $2937. Use the formula in part (ii) to calculate how long it will take him to repay the $346 095. (3 marks)
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- How much will Daniel save over the term of the loan by keeping his monthly repayments at $2937, rather than reducing his repayments to the amount calculated in part (ii)? (1 mark)
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Financial Maths, 2ADV M1 2010 HSC 9a
- When Chris started a new job, $500 was deposited into his superannuation fund at the beginning of each month. The money was invested at 0.5% per month, compounded monthly.
Let `$P` be the value of the investment after 240 months, when Chris retires.
Show that `P=232\ 175.55` (2 marks)
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- After retirement, Chris withdraws $2000 from the account at the end of each month, without making any further deposits. The account continues to earn interest at 0.5% per month.
Let `$A_n` be the amount left in the account `n` months after Chris's retirement.
(1) Show that `A_n=(P-400\ 000)xx1.005^n+400\ 000`. (3 marks)
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(2) For how many months after retirement will there be money left in the account? (2 marks)
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Financial Maths, 2ADV M1 2010 HSC 4a
Susanna is training for a fun run by running every week for 26 weeks. She runs 1 km in the first week and each week after that she runs 750 m more than the previous week, until she reaches 10 km in a week. She then continues to run 10 km each week.
- How far does Susannah run in the 9th week? (1 mark)
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- In which week does she first run 10 km? (1 mark)
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- What is the total distance that Susannah runs in 26 weeks? (2 marks)
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Financial Maths, 2ADV M1 2011 HSC 8c
When Jules started working she began paying $100 at the beginning of each month into a superannuation fund.
The contributions are compounded monthly at an interest rate of 6% per annum.
She intends to retire after having worked for 35 years.
- Let `$P` be the final value of Jules's superannuation when she retires after 35 years (420 months). Show that `$P=$143\ 183` to the nearest dollar. (2 marks)
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- Fifteen years after she started working Jules read a magazine article about retirement, and realised that she would need `$800\ 000` in her fund when she retires. At the time of reading the magazine article she had `$29\ 227` in her fund. For the remaining 20 years she intends to work, she decides to pay `$M` into her fund at the beginning of each month. The contributions continue to attract the same interest rate of 6% per annum, compounded monthly.
-
At the end of `n` months after starting the new contributions, the amount in the fund is `$A_n`.
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(1) Show that `A_2=29\ 227xx1.005^2+M(1.005+1.005^2)`. (1 mark)
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(2) Find the value of `M` so that Jules will have $800 000 in her fund after the remaining 20 years (240 months). (3 marks)
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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.
- How many members were there on Day 12? (1 mark)
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- On which day was the number of members first greater than 10 million? (2 marks)
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- 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)
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Financial Maths, 2ADV M1 2012 HSC 15c
Ari takes out a loan of $360 000. The loan is to be repaid in equal monthly repayments, `$M`, at the end of each month, over 25 years (300 months). Reducible interest is charged at 6% per annum, calculated monthly.
Let `$A_n` be the amount owing after the `n`th repayment.
- Write down an expression for the amount owing after two months, `$A_2`. (1 mark)
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- Show that the monthly repayment is approximately $2319.50. (2 marks)
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- After how many months will the amount owing, `$A_n`, become less than $180 000. (3 marks)
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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.
- Find the length of the strip required to make the first ten rectangles. (2 marks)
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- Explain why a strip of 3m is sufficient to make any number of rectangles. (1 mark)
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Financial Maths, 2ADV M1 2012 HSC 12c
Jay is making a pattern using triangular tiles. The pattern has 3 tiles in the first row, 5 tiles in the second row, and each successive row has 2 more tiles than the previous row.
- How many tiles would Jay use in row 20? (2 marks)
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- How many tiles would Jay use altogether to make the first 20 rows? (1 mark)
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- Jay has only 200 tiles. How many complete rows of the pattern can Jay make? (2 marks)
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Financial Maths, 2ADV M1 2013 HSC 13d
A family borrows $500 000 to buy a house. The loan is to be repaid in equal monthly instalments. The interest, which is charged at 6% per annum, is reducible and calculated monthly. The amount owing after `n` months, `$A_n`, is given by
`qquad qquadA_n=Pr^n-M(1+r+r^2+ \ .... +r^(n-1))\ \ \ \ \ \ \ \ \ ` (DO NOT prove this)
where `$P` is the amount borrowed, `r=1.005` and `$M` is the monthly repayment.
- The loan is to be repaid over 30 years. Show that the monthly repayment is $2998 to the nearest dollar. (2 marks)
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- Show that the balance owing after 20 years is $270 000 to the nearest thousand dollars. (1 mark)
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After 20 years the family borrows an extra amount, so that the family then owes a total of $370 000. The monthly repayment remains $2998, and the interest rate remains the same.
- How long will it take to repay the $370 000? (2 marks)
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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 $1,500 at the beginning of each subsequent year.
- Show that in the 10th year, Kim's annual salary is higher than Alex's annual salary. (2 marks)
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- In the first 10 years how much, in total, does Kim earn? (2 marks)
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- Every year, Alex saves `1/3` of her annual salary. How many years does it take her to save $87,500? (3 marks)
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