IB DP · Thinka-original Practice Paper

2024 IB DP Mathematics - Applications and Interpretation Practice Paper with Answers

Thinka Nov 2024 SL (TZ2) IB Diploma Programme-Style Mock — Mathematics - Applications and Interpretation

160 marks180 mins2024
An original Thinka practice paper modelled on the structure and difficulty of the Nov 2024 SL (TZ2) IB Diploma Programme Mathematics - Applications and Interpretation paper. Not affiliated with or reproduced from IB.

Paper 1 (Short Response)

Answer all questions. Answers must be written within the answer boxes provided. Unless otherwise stated, numerical answers should be given exactly or correct to three significant figures. A graphic display calculator is required.
8 Question · 49.199999999999996 marks
Question 1 · short response
6.15 marks
Liam invests $15,000 in a savings account that pays a nominal annual interest rate of 4.2%, compounded monthly.

(a) Find the value of Liam's investment after 5 years. Give your answer to the nearest dollar.

(b) Liam wants to purchase a car that costs $22,000. Find the minimum number of complete years he must keep his money in this account to have enough to buy the car, assuming the price of the car remains constant.
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Worked solution

(a) Using the compound interest formula: \(A = P \left(1 + \frac{r}{100k}\right)^{kt}\) where \(P = 15000\), \(r = 4.2\), \(k = 12\), and \(t = 5\).

\(A = 15000 \left(1 + \frac{4.2}{1200}\right)^{12 \times 5}\)

\(A = 15000 (1.0035)^{60} \approx 18497.66\)

To the nearest dollar, the value of the investment is $18,498.

(b) We set up the inequality: \(15000 (1.0035)^{12t} \ge 22000\)

\(1.0035^{12t} \ge \frac{22}{15}\)

Taking the natural logarithm of both sides: \(12t \ln(1.0035) \ge \ln\left(\frac{22}{15}\right)\)

\(12t \ge 109.475...\)

\(t \ge 9.12\) years.

Since we require the minimum number of complete years, we round up to 10 years.

Marking scheme

(a) M1 for substituting correct values into the compound interest formula. A1 for 18497.66. A1 for 18498.

(b) M1 for setting up a correct inequality or equation. A1 for 9.12. A1 for 10.
Question 2 · short response
6.15 marks
The Voronoi diagram shows three recycling stations at coordinates \(A(1, 2)\), \(B(5, 8)\), and \(C(9, 2)\), on a grid where 1 unit represents 1 km.

(a) Find the gradient of the line segment \(AB\).

(b) Hence, find the equation of the perpendicular bisector of \(AB\), in the form \(y = mx + c\).

(c) Given that the perpendicular bisector of \(BC\) is \(y = \frac{2}{3}x + \frac{1}{3}\), find the coordinates of the vertex where the boundaries of all three regions meet.
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Worked solution

(a) The gradient of \(AB\) is \(m_{AB} = \frac{8 - 2}{5 - 1} = \frac{6}{4} = 1.5\).

(b) The gradient of the perpendicular bisector of \(AB\) is \(m_{\perp} = -\frac{1}{1.5} = -\frac{2}{3}\).

The midpoint of \(AB\) is \(M\left(\frac{1+5}{2}, \frac{2+8}{2}\right) = (3, 5)\).

The equation of the perpendicular bisector is: \(y - 5 = -\frac{2}{3}(x - 3) \implies y = -\frac{2}{3}x + 7\).

(c) The vertex is the intersection of the two perpendicular bisectors:

\(-\frac{2}{3}x + 7 = \frac{2}{3}x + \frac{1}{3}\n\implies \frac{4}{3}x = \frac{20}{3} \implies 4x = 20 \implies x = 5\).

Substituting \(x = 5\) into the equation of the perpendicular bisector of \(AB\):

\(y = -\frac{2}{3}(5) + 7 = \frac{11}{3} \approx 3.67\).

The coordinates of the vertex are \((5, \frac{11}{3})\).

Marking scheme

(a) A1 for gradient 1.5 (or \\frac{3}{2}\)).

(b) M1 for finding the midpoint (3,5) and perpendicular gradient. A1 for \(y = -\frac{2}{3}x + 7\).

(c) M1 for equating the two perpendicular bisectors. A1 for finding \(x = 5\). A1 for \(y = \frac{11}{3}\) (or 3.67).
Question 3 · short response
6.15 marks
The weights of oranges grown in an orchard are normally distributed with a mean of 185 grams and a standard deviation of 12 grams.

(a) Find the probability that a randomly chosen orange from this orchard weighs between 175 and 195 grams.

(b) Oranges that weigh in the top 15% are classified as 'Premium'. Find the minimum weight required for an orange to be classified as Premium.
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Worked solution

Let \(W\) be the weight of an orange, with \(W \sim N(185, 12^2)\).

(a) We need to find \(P(175 \le W \le 195)\).

Using a GDC normal cumulative distribution function (normalCDF) with lower limit = 175, upper limit = 195, \(\mu = 185\), and \(\sigma = 12\):

\(P(175 \le W \le 195) \approx 0.59534...\)

To 3 significant figures, the probability is 0.595.

(b) We require the value \(w\) such that \(P(W \ge w) = 0.15\), which is equivalent to \(P(W < w) = 0.85\).

Using a GDC inverse normal function (inverseNormal) with area = 0.85, \(\mu = 185\), and \(\sigma = 12\):

\(w \approx 197.43...\) grams.

To 3 significant figures, the minimum weight is 197 grams.

Marking scheme

(a) M1 for setting up the normal CDF expression with correct limits and parameters. A1 for 0.595.

(b) M1 for setting up \(P(W < w) = 0.85\) or equivalent. A1 for inverse normal setup. A2 for 197 (accept 197.4).
Question 4 · short response
6.15 marks
A researcher wants to investigate if there is an association between a person's preferred music genre (Pop, Rock, Classical) and their age group (Under 30, 30 and over). A random sample of 250 people was surveyed, and the observed frequencies are shown below:

| Age Group | Pop | Rock | Classical |
| Under 30 | 58 | 42 | 15 |
| 30 and over | 32 | 53 | 50 |

A \(\chi^2\) test of independence is conducted at a 5% significance level.

(a) State the null hypothesis, \(H_0\), for this test.

(b) Write down the number of degrees of freedom.

(c) Find the \(p\)-value for this test.

(d) State the conclusion of the test in context, justifying your answer.
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Worked solution

(a) \(H_0\): Preferred music genre and age group are independent (or there is no association between preferred music genre and age group).

(b) The number of degrees of freedom is \(df = (r - 1)(c - 1) = (2 - 1)(3 - 1) = 2\).

(c) Using the GDC to conduct a \(\chi^2\) two-way test on the matrix of observed frequencies:

\(\chi^2 \approx 26.2\)

\(p\)-value \\approx 2.05 \\times 10^{-6}\) (or 0.00000205).

(d) Since the \(p\)-value \((2.05 \times 10^{-6}) < 0.05\), we reject the null hypothesis \(H_0\).

There is strong evidence at the 5% significance level to suggest that preferred music genre and age group are not independent (there is an association).

Marking scheme

(a) A1 for stating preferred music genre and age group are independent (or equivalent).

(b) A1 for 2.

(c) A2 for \(2.05 \times 10^{-6}\) (accept standard decimal notation, e.g., 0.00000205).

(d) R1 for comparing the \(p\)-value with 0.05. R1 for a consistent conclusion in context.
Question 5 · short response
6.15 marks
The temperature, \(T\), of a hot cup of tea, in degrees Celsius, \(^{\circ}\text{C}\), can be modeled by the function \(T(t) = 22 + a b^{-t}\), where \(t\) is the time in minutes since the tea was poured, and \(a, b\) are positive constants.

(a) Write down the room temperature.

(b) Initially, when \(t = 0\), the temperature of the tea is \(85^{\circ}\text{C}\). Find the value of \(a\).

(c) After 10 minutes, the temperature of the tea is \(48^{\circ}\text{C}\). Find the value of \(b\).
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Worked solution

(a) As \(t \to \infty\), \(b^{-t} \to 0\) (since \(b > 1\)), so \(T(t) \to 22\). Therefore, the room temperature is \(22^{\circ}\text{C}\).

(b) At \(t = 0\), \(T(0) = 85\).

\(22 + a b^0 = 85 \implies 22 + a = 85 \implies a = 63\).

(c) At \(t = 10\), \(T(10) = 48\).

\(22 + 63 b^{-10} = 48 \implies 63 b^{-10} = 26\)

\(b^{-10} = \frac{26}{63} \implies b^{10} = \frac{63}{26}\)

\(b = \left(\frac{63}{26}\right)^{0.1} \approx 1.0925...\)

To 3 significant figures, \(b = 1.09\).

Marking scheme

(a) A1 for 22.

(b) M1 for substituting \(t=0\) and equating to 85. A1 for \(a = 63\).

(c) M1 for substituting \(t=10, a=63\) and equating to 48. M1 for solving for \(b\) (logarithms or GDC). A1 for \(b = 1.09\).
Question 6 · short response
6.15 marks
A closed rectangular box has a square base of side length \(x\) cm and height \(h\) cm. The total surface area of the box is \(300\text{ cm}^2\).

(a) Show that the height \(h\) can be expressed as \(h = \frac{300 - 2x^2}{4x}\).

(b) Hence, find the value of \(x\) that maximizes the volume of the box.

(c) Find the maximum volume of the box.
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Worked solution

(a) The total surface area of a closed rectangular box with a square base is given by:

\(A = 2x^2 + 4xh\)

Setting \(A = 300\):

\(2x^2 + 4xh = 300\)

\(4xh = 300 - 2x^2 \implies h = \frac{300 - 2x^2}{4x}\).

(b) The volume of the box is given by:

\(V = x^2 h = x^2 \left(\frac{300 - 2x^2}{4x}\right) = \frac{x(300 - 2x^2)}{4} = 75x - 0.5x^3\)

Differentiating \(V\) with respect to \(x\):

\(\frac{\text{d}V}{\text{d}x} = 75 - 1.5x^2\)

To maximize volume, we set the derivative to 0:


75 - 1.5x^2 = 0 \\implies 1.5x^2 = 75 \\implies x^2 = 50 \\implies x = \\sqrt{50} = 5\\sqrt{2} \\approx 7.07\\text{ cm}\).

(c) The maximum volume is obtained by substituting \(x = \sqrt{50}\) back into the volume equation:

\(V = 75(\sqrt{50}) - 0.5(\sqrt{50})^3 = 250\sqrt{2} \approx 353.55... \approx 354\text{ cm}^3\).

Marking scheme

(a) M1 for expressing correct surface area formula. A1 for algebraic rearrangement to show the given formula.

(b) M1 for expressing \(V\) in terms of \(x\) only. M1 for differentiating \(V\) and setting to 0. A1 for \(x = 7.07\) (or \(5\sqrt{2}\)).

(c) A1 for \(354\) (or \(250\sqrt{2}\)).
Question 7 · short response
6.15 marks
A right pyramid has a square base \(ABCD\) with side length \(10\text{ cm}\) and a vertical height \(OP\) of \(12\text{ cm}\), where \(O\) is the center of the base and \(P\) is the apex.

(a) Find the length of the diagonal \(AC\) of the base.

(b) Find the length of the sloping edge \(AP\).

(c) Find the angle between the sloping edge \(AP\) and the base \(ABCD\).
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Worked solution

(a) Using Pythagoras' theorem on the square base \(ABCD\):

\(AC = \sqrt{10^2 + 10^2} = \sqrt{200} = 10\sqrt{2} \approx 14.1\text{ cm}\).

(b) Since \(O\) is the center of the base, the length of \(AO\) is half of \(AC\):

\(AO = \frac{1}{2} AC = 5\sqrt{2} \approx 7.071\text{ cm}\).

The triangle \(AOP\) is a right-angled triangle at \(O\). Using Pythagoras' theorem:

\(AP = \sqrt{AO^2 + OP^2} = \sqrt{(5\sqrt{2})^2 + 12^2} = \sqrt{50 + 144} = \sqrt{194} \approx 13.9\text{ cm}\).

(c) The angle between the sloping edge \(AP\) and the base \(ABCD\) is \(\angle PAO\).

\(\tan(\angle PAO) = \frac{OP}{AO} = \frac{12}{5\sqrt{2}} \approx 1.697\).

\(\angle PAO = \arctan(1.697) \approx 59.5^{\circ}\) (or 1.04 radians).

Marking scheme

(a) M1 for Pythagoras on base. A1 for \(14.1\) (or \(10\sqrt{2}\)).

(b) M1 for finding \(AO = 5\sqrt{2}\) or 7.07. M1 for Pythagoras on triangle \(AOP\). A1 for \(13.9\) (or \\sqrt{194}\)).

(c) M1 for correct trigonometric ratio. A1 for \(59.5^{\circ}\) (accept 1.04 radians).
Question 8 · short response
6.15 marks
An outdoor theater has 25 rows of seats. The first row has 30 seats, the second row has 34 seats, the third row has 38 seats, and each subsequent row has 4 more seats than the previous row.

(a) Find the number of seats in the 25th row.

(b) Find the total number of seats in the theater.

(c) The ticket price for a show is $45 for any seat in the first 10 rows, and $30 for any seat in the remaining rows. Assuming the theater is completely sold out, calculate the total revenue from ticket sales.
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Worked solution

(a) This is an arithmetic sequence with first term \(u_1 = 30\) and common difference \(d = 4\).

\(u_{25} = u_1 + 24d = 30 + 24(4) = 126\) seats.

(b) The total number of seats is the sum of the first 25 terms:

\(S_{25} = \frac{25}{2}(u_1 + u_{25}) = \frac{25}{2}(30 + 126) = 12.5 \times 156 = 1950\) seats.

(c) First, find the number of seats in the first 10 rows:

\(S_{10} = \frac{10}{2}(2(30) + 9(4)) = 5(60 + 36) = 480\) seats.

The number of seats in the remaining rows (11 to 25) is:


1950 - 480 = 1470\) seats.

The total revenue is:


Total Revenue = (480 \\times 45) + (1470 \\times 30) = 21600 + 44100 = 65700\) dollars.

Marking scheme

(a) M1 for identifying arithmetic sequence and substituting values. A1 for 126.

(b) M1 for using arithmetic series sum formula. A1 for 1950.

(c) M1 for calculating \(S_{10} = 480\). M1 for calculating remaining seats (1470) and setting up revenue calculation. A1 for $65,700.

Paper 2 (Long Response)

Answer all questions in the answer booklet provided. Please start each question on a new page. Unless otherwise stated, numerical answers should be given exactly or correct to three significant figures.
5 Question · 80 marks
Question 1 · Long Response
16 marks
A company manufactures closed cylindrical storage cans of volume \(V = 500\text{ cm}^3\). The material for the top and bottom circular lids of the cylinder costs \(\$0.04\text{ per cm}^2\), while the material for the curved side costs \(\$0.025\text{ per cm}^2\). Let the radius of the cylinder be \(r\text{ cm}\) and the height be \(h\text{ cm}\).

(a) Show that the height can be written as \(h = \frac{500}{\pi r^2}\).

(b) Show that the total cost of materials, \(C(r)\), in dollars, is given by \(C(r) = 0.08\pi r^2 + \frac{25}{r}\).

(c) Find \(\frac{dC}{dr}\).

(d) Find the value of \(r\) that minimizes the total cost.

(e) Justify that this value of \(r\) indeed minimizes the cost.

(f) Find the minimum cost of producing one can, to the nearest cent.
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Worked solution

(a) The volume of a cylinder is given by \(V = \pi r^2 h\). Substituting the given volume: \(500 = \pi r^2 h \implies h = \frac{500}{\pi r^2}\).

(b) The total cost is the sum of the cost of the top and bottom circles and the curved surface area. \(C = 2 \times (\pi r^2) \times 0.04 + (2\pi r h) \times 0.025 = 0.08\pi r^2 + 0.05\pi r h\). Substituting \(h\) from part (a): \(C(r) = 0.08\pi r^2 + 0.05\pi r \left(\frac{500}{\pi r^2}\right) = 0.08\pi r^2 + \frac{25}{r}\).

(c) Differentiating \(C(r)\) with respect to \(r\): \(\frac{dC}{dr} = 2(0.08\pi r) - 25r^{-2} = 0.16\pi r - \frac{25}{r^2}\).

(d) Setting \(\frac{dC}{dr} = 0\): \(0.16\pi r - \frac{25}{r^2} = 0 \implies 0.16\pi r^3 = 25 \implies r^3 = \frac{25}{0.16\pi} \approx 49.7359 \implies r = \sqrt[3]{49.7359} \approx 3.68\text{ cm}\).

(e) Find the second derivative: \(\frac{d^2C}{dr^2} = 0.16\pi + \frac{50}{r^3}\). When \(r \approx 3.68\), \(\frac{d^2C}{dr^2} = 0.16\pi + \frac{50}{(3.68)^3} \approx 1.51 > 0\). Since the second derivative is positive, this value of \(r\) minimizes the cost.

(f) Substitute \(r \approx 3.677\) back into the cost function: \(C(3.677) = 0.08\pi(3.677)^2 + \frac{25}{3.677} \approx 3.398 + 6.799 = 10.197 \approx \$10.20\).

Marking scheme

(a) M1 for using the volume formula, A1 for rearranging correctly to get the show-that expression.
(b) M1 for the cost expression in terms of \(r\) and \(h\), M1 for substituting \(h\), A1 for obtaining the final correct equation.
(c) M1 for differentiating the first term, M1 for differentiating the second term, A1 for the correct derivative.
(d) M1 for setting their derivative to 0, M1 for algebraic manipulation to isolate \(r^3\), A1 for the final value \(r \approx 3.68\).
(e) M1 for finding the second derivative expression, A1 for demonstrating it is positive and stating it is a minimum.
(f) M1 for substituting their value of \(r\) into \(C(r)\), A1 for correct calculation, A1 for rounding to 2 decimal places (nearest cent).
Question 2 · Long Response
16 marks
A gym owner conducts a survey of 200 members to see if their choice of primary exercise activity (Cardio, Strength, Flexibility) is independent of their age group (Under 30, 30 and over). The data is collected in the table below:

- Under 30: Cardio = 45, Strength = 40, Flexibility = 15
- 30 and over: Cardio = 35, Strength = 30, Flexibility = 35

(a) State the null hypothesis \(H_0\) for this test.

(b) Show that the expected number of members who are 30 and over and choose Flexibility as their primary exercise is 25.

(c) Write down the number of degrees of freedom.

(d) Find:
(i) the \(\chi^2\) test statistic.
(ii) the \(p\)-value.

(e) State, with a reason, whether the null hypothesis should be rejected at the \(5\%\) significance level.

Separately, the time spent by members in the gym is normally distributed with a mean of 55 minutes and a standard deviation of 12 minutes.

(f) Find the probability that a randomly chosen member spends more than 65 minutes in the gym.

(g) Given that a member spends more than 60 minutes in the gym, find the probability that they spend less than 75 minutes.
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Worked solution

(a) \(H_0\): Choice of primary exercise activity is independent of age group.

(b) Total flexibility = \(15 + 35 = 50\). Total "30 and over" = 100. Grand total = 200. Expected frequency = \(\frac{100 \times 50}{200} = 25\).

(c) Degrees of freedom = \((\text{rows} - 1)(\text{columns} - 1) = (2 - 1)(3 - 1) = 2\).

(d) Entering the contingency table into a GDC:
(i) \(\chi^2 \approx 10.7\) (3 s.f.)
(ii) \(p \approx 0.00480\) (3 s.f.)

(e) Since the \(p\)-value (\(0.00480\)) is less than the significance level (\(0.05\)), we reject the null hypothesis. There is significant evidence that choice of primary exercise activity is not independent of age group.

(f) Let \(T \sim N(55, 12^2)\). Using GDC: \(P(T > 65) \approx 0.2023 \approx 0.202\).

(g) We need to find \(P(T < 75 | T > 60) = \frac{P(60 < T < 75)}{P(T > 60)}\). Using GDC:
\(P(60 < T < 75) \approx 0.29067\)
\(P(T > 60) \approx 0.33846\)
\(P(T < 75 | T > 60) = \frac{0.29067}{0.33846} \approx 0.8588 \approx 0.859\).

Marking scheme

(a) A1 for stating independence correctly.
(b) M1 for formula setup, A1 for verifying the answer 25.
(c) A1 for 2.
(d) A1 for \(\chi^2 \approx 10.7\), A2 for \(p \approx 0.00480\).
(e) R1 for comparing \(p\)-value with 0.05, A1 for concluding rejection.
(f) M1 for normal cumulative distribution setup, A1 for \(0.202\).
(g) M1 for conditional probability formula, M1 for finding numerator \(0.291\), M1 for finding denominator \(0.338\), A1 for division step, A1 for \(0.859\).
Question 3 · Long Response
16 marks
Three forest fire monitoring towers, \(A\), \(B\), and \(C\), are located on flat land. Tower \(B\) is located \(12\text{ km}\) from Tower \(A\) on a bearing of \(065^\circ\). Tower \(C\) is located \(18\text{ km}\) from Tower \(A\) on a bearing of \(135^\circ\).

(a) Draw a labeled diagram showing the positions of the three towers, the distances between them, and the bearings given.

(b) Find the distance between Tower \(B\) and Tower \(C\).

(c) Find the bearing of Tower \(C\) from Tower \(B\).

A helicopter is hovering vertically above Tower \(C\) at an altitude of \(h\text{ km}\). An observer at Tower \(B\) measures the angle of elevation to the helicopter as \(12.5^\circ\).

(d) Calculate the value of \(h\).

(e) Find the distance from Tower \(A\) to the helicopter.
Show answer & marking scheme

Worked solution

(a) The diagram must show point \(A\) with a North line, point \(B\) at bearing \(065^\circ\) with distance \(12\text{ km}\), and point \(C\) at bearing \(135^\circ\) with distance \(18\text{ km}\). The angle \(BAC = 135^\circ - 65^\circ = 70^\circ\).

(b) Using the cosine rule in triangle \(ABC\):
\(BC^2 = AB^2 + AC^2 - 2(AB)(AC)\cos(70^\circ)\)
\(BC^2 = 12^2 + 18^2 - 2(12)(18)\cos(70^\circ) = 144 + 324 - 432\cos(70^\circ)\)
\(BC^2 \approx 468 - 147.753 = 320.247 \implies BC \approx 17.895 \approx 17.9\text{ km}\).

(c) First, find the interior angle \(ABC\) using the sine rule:
\(\frac{\sin(ABC)}{18} = \frac{\sin(70^\circ)}{17.895} \implies \sin(ABC) \approx 0.9452 \implies ABC \approx 70.93^\circ\).
Draw a North-South line at \(B\). The angle of the line \(BA\) with the South line at \(B\) is \(65^\circ\) (alternate interior angles). The line \(BC\) lies to the east of the South line at an angle of \(70.93^\circ - 65^\circ = 5.93^\circ\). Thus, the bearing from \(B\) to \(C\) is \(180^\circ - 5.93^\circ = 174.07^\circ \approx 174^\circ\).

(d) The triangle formed by \(B\), \(C\), and the helicopter \(H\) is right-angled at \(C\).
\(\tan(12.5^\circ) = \frac{h}{BC} \implies h = BC \tan(12.5^\circ) = 17.895 \times \tan(12.5^\circ) \approx 3.967 \approx 3.97\text{ km}\).

(e) The helicopter \(H\) is vertically above \(C\), so triangle \(ACH\) is right-angled at \(C\).
\(AH = \sqrt{AC^2 + h^2} = \sqrt{18^2 + 3.967^2} = \sqrt{324 + 15.737} \approx 18.43 \approx 18.4\text{ km}\).

Marking scheme

(a) A1 for showing points \(A\), \(B\), \(C\) relative to North, A1 for indicating angle \(BAC = 70^\circ\) and distances 12 and 18.
(b) M1 for substituting into cosine rule, A1 for intermediate values, A1 for \(17.9\text{ km}\).
(c) M1 for using sine rule to find angle \(ABC\), A1 for \(ABC \approx 71^\circ\), M1 for using bearings geometry, A1 for \(174^\circ\).
(d) M1 for setting up tangent ratio, A1 for substituting values, A1 for \(3.97\text{ km}\).
(e) M1 for recognizing right-angled triangle \(ACH\), M1 for Pythagoras' theorem, A1 for correct substitutions, A1 for \(18.4\text{ km}\).
Question 4 · Long Response
16 marks
Liam wants to buy a house and needs a loan of \(\$300,000\). He is offered a 25-year mortgage loan with an annual nominal interest rate of \(4.8\%\), compounded monthly.

(a) Calculate the amount of Liam's monthly payment.

(b) Find the total amount Liam will pay over the lifetime of the loan.

(c) Calculate the total interest paid.

After making 10 years (120 payments) of regular monthly payments, Liam decides to pay off the remaining balance of the loan in one lump sum.

(d) Find the remaining balance of the loan after 10 years.

Liam inherits some money and invests \(\$80,000\) in an account that pays \(5.2\%\) annual interest, compounded quarterly.

(e) Find the number of complete years it will take for this investment to double in value.
Show answer & marking scheme

Worked solution

(a) Using a financial GDC or the amortization formula:
\(N = 300\), \(I\% = 4.8\), \(PV = 300000\), \(FV = 0\), \(P/Y = 12\), \(C/Y = 12\).
Solving for monthly payment: \(PMT = \$1718.70\).

(b) Total amount paid = \(1718.695 \times 300 = \$515,608.50 \approx \$515,609\).

(c) Total interest paid = Total payments \(-\) Principal = \(515,608.50 - 300,000 = \$215,608.50 \approx \$215,609\).

(d) The remaining balance is the present value of the remaining 180 payments (15 years remaining):
\(N = 180\), \(I\% = 4.8\), \(PMT = -1718.695\), \(FV = 0\), \(P/Y = 12\), \(C/Y = 12\).
Solving for \(PV\): \(PV \approx \$220,156.55 \approx \$220,157\).

(e) For the investment to double, \(FV = 2 \times 80000 = 160000\).
\(160000 = 80000 \left(1 + \frac{0.052}{4}\right)^{4t} \implies 2 = (1.013)^{4t}\).
Taking natural logarithms:
\(\ln(2) = 4t \ln(1.013) \implies 4t = \frac{\ln(2)}{\ln(1.013)} \approx 53.66\text{ quarters}\).
Since interest is compounded quarterly, it takes 54 quarters to exceed double. 54 quarters is \(13.5\) years. Since we need complete years, the number of complete years is 14.

Marking scheme

(a) M1 for using a financial calculator or loan formula with correct inputs, A2 for \(\$1718.70\).
(b) M1 for multiplying payment by 300, A1 for \(\$515,609\).
(c) M1 for subtracting 300,000, A1 for \(\$215,609\).
(d) M1 for identifying 180 remaining payments, M2 for financial solver input setup, A1 for \(\$220,157\).
(e) M1 for setting up doubling equation, M1 for dividing rate by 4 and correct quarterly compounding form, M1 for solving using logs, A1 for \(13.5\) years (54 quarters), A1 for stating 14 complete years.
Question 5 · Long Response
16 marks
The temperature \(T\) in \({}^\circ\text{C}\) in a greenhouse over a 24-hour period can be modeled by the function:
\(T(t) = a \sin(b(t - 8)) + c\), where \(t\) is the time in hours after midnight, \(0 \le t \le 24\).
The maximum temperature is \(32{}^\circ\text{C}\) and occurs at \(14:00\) (\(t = 14\)). The minimum temperature is \(16{}^\circ\text{C}\).

(a) Show that:
(i) \(a = 8\).
(ii) \(c = 24\).

(b) Explain why \(b = \frac{\pi}{12}\) (assuming the period is 24 hours).

(c) Find the temperature in the greenhouse at \(06:00\).

(d) Find the times of day, to the nearest minute, when the temperature is exactly \(20{}^\circ\text{C}\).

(e) Calculate the average rate of change of temperature between \(t = 8\) and \(t = 14\).
Show answer & marking scheme

Worked solution

(a) (i) Amplitude \(a = \frac{\text{Max} - \text{Min}}{2} = \frac{32 - 16}{2} = 8\).
(ii) Vertical shift \(c = \frac{\text{Max} + \text{Min}}{2} = \frac{32 + 16}{2} = 24\).

(b) The period of the temperature cycle is 24 hours. The formula for the period is \(\frac{2\pi}{b}\). Thus, \(24 = \frac{2\pi}{b} \implies b = \frac{2\pi}{24} = \frac{\pi}{12}\).

(c) At \(06:00\), \(t = 6\).
\(T(6) = 8 \sin\left(\frac{\pi}{12}(6 - 8)\right) + 24 = 8 \sin\left(-\frac{\pi}{6}\right) + 24 = 8(-0.5) + 24 = -4 + 24 = 20{}^\circ\text{C\cdot}\)

(d) Set \(T(t) = 20\):
\(8 \sin\left(\frac{\pi}{12}(t - 8)\right) + 24 = 20 \implies \sin\left(\frac{\pi}{12}(t - 8)\right) = -0.5\).
Within \(0 \le t \le 24\), the solutions are:
\(\frac{\pi}{12}(t - 8) = -\frac{\pi}{6} \implies t - 8 = -2 \implies t = 6\) (which is \(06:00\)).
\(\frac{\pi}{12}(t - 8) = \frac{7\pi}{6} \implies t - 8 = 14 \implies t = 22\) (which is \(22:00\)).

(e) At \(t = 8\): \(T(8) = 8 \sin(0) + 24 = 24{}^\circ\text{C}\).
At \(t = 14\): \(T(14) = 32{}^\circ\text{C}\) (given).
Average rate of change = \frac{T(14) - T(8)}{14 - 8} = \frac{32 - 24}{6} = \frac{8}{6} \approx 1.33{}^\circ\text{C/hour}\).

Marking scheme

(a) A1 for showing amplitude calculation, A2 for vertical shift calculation.
(b) M1 for using the period formula, A1 for simplifying to show \(\frac{\pi}{12}\).
(c) M1 for substituting \(t = 6\), A1 for obtaining \(20{}^\circ\text{C}\).
(d) M1 for setting the equation to 20, M1 for solving the sine equation, A1 for \(t = 6\), A1 for \(t = 22\), A1 for writing both as 24-hour times (06:00 and 22:00).
(e) M1 for finding \(T(8)\), M1 for finding \(T(14)\), M1 for the average rate of change quotient, A1 for \(1.33{}^\circ\text{C/hour}\).

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