OCR MEI C2 — Question 5 13 marks

Exam BoardOCR MEI
ModuleC2 (Core Mathematics 2)
Marks13
PaperDownload PDF ↗
Mark schemeDownload PDF ↗
TopicArithmetic Sequences and Series
TypeReal-world AP: find term or total
DifficultyModerate -0.8 This is a straightforward multi-part question testing standard arithmetic and geometric sequence formulas. Part (i) uses basic arithmetic sequence formulas (nth term and sum), part (ii) applies geometric sequence formulas with clear setup. All parts involve direct formula application with minimal problem-solving insight required, making it easier than average but not trivial due to the number of parts and calculations involved.
Spec1.04h Arithmetic sequences: nth term and sum formulae1.04i Geometric sequences: nth term and finite series sum1.04k Modelling with sequences: compound interest, growth/decay

5 Jim and Mary are each planning monthly repayments for money they want to borrow.
  1. Jim's first payment is \(\pounds 500\), and he plans to pay \(\pounds 10\) less each month, so that his second payment is \(\pounds 490\), his third is \(\pounds 480\), and so on.
    (A) Calculate his 12th payment.
    (B) He plans to make 24 payments altogether. Show that he pays \(\pounds 9240\) in total.
  2. Mary's first payment is \(\pounds 460\) and she plans to pay \(2 \%\) less each month than the previous month, so that her second payment is \(\pounds 450.80\), her third is \(\pounds 441.784\), and so on.
    (A) Calculate her 12th payment.
    (B) Show that Jim's 20th payment is less than Mary's 20th payment but that his 19th is not less than her 19th.
    (C) Mary plans to make 24 payments altogether. Calculate how much she pays in total.
    (D) How much would Mary's first payment need to be if she wishes to pay \(2 \%\) less each month as before, but to pay the same in total as Jim, \(\pounds 9240\), over the 24 months?

Question 5(i)(A):
AnswerMarks Guidance
390B2 M1 for \(500 - 11 \times 10\)
Question 5(i)(B):
AnswerMarks Guidance
\(S_{24} = \frac{24}{2}(2 \times 500 + (24-1) \times -10)\) oe i.s.B2 nothing simpler than \(12(1000 + 23 \times -10)\) or \(\frac{24}{2}(1000-230)\) or \(12(2\times500-230)\); if B2 not awarded, then M1 for use of AP formula for \(S_{24}\) with \(n=24\), \(a=500\) and \(d=-10\); condone omission of final bracket or "(23)-10" if recovered in later work
or \(S_{24} = \frac{24}{2}(500+270)\) oe i.s.w. \([=9240]\) (answer given) or M1 for \(l = 270\) s.o.i.; if they write the sum out, all the terms must be listed for 2 marks; \(12\times(1000-230)\) or \(12\times770\) on its own do not score
Question 5(ii)(A):
AnswerMarks Guidance
368.33(...) or 368.34B2 M1 for \(460 \times 0.98^{11}\)
Question 5(ii)(B):
AnswerMarks Guidance
\(J_{20} = 310\), \(M_{20} = 313.36(...), 313.4, 313.3, 313.37\) or \(313\)B3 B3 for all 4 values correct; B2 for 3 values correct; B1 for 2 values correct; values which are clearly wrongly attributed do not score
\(J_{19} = 320\), \(M_{19} = 319.76(...), 319.8\) or \(319.7\)
Question 5(ii)(C):
AnswerMarks Guidance
8837 to 8837.06B2 M1 for \(S_{24} = \frac{460(1-0.98^{24})}{1-0.98}\) oe
Question 5(ii)(D):
AnswerMarks Guidance
\(\frac{a(1-0.98^{24})}{(1-0.98)} = 9240\) oeM1 f.t. their power of 24 from (ii)(C)
480.97 to 480.98A1
## Question 5(i)(A):
| 390 | B2 | **M1** for $500 - 11 \times 10$ |

## Question 5(i)(B):
| $S_{24} = \frac{24}{2}(2 \times 500 + (24-1) \times -10)$ oe i.s. | B2 | nothing simpler than $12(1000 + 23 \times -10)$ or $\frac{24}{2}(1000-230)$ or $12(2\times500-230)$; if **B2** not awarded, then **M1** for use of AP formula for $S_{24}$ with $n=24$, $a=500$ and $d=-10$; condone omission of final bracket or "(23)-10" if recovered in later work |
| or $S_{24} = \frac{24}{2}(500+270)$ oe i.s.w. $[=9240]$ (answer given) | | or **M1** for $l = 270$ s.o.i.; if they write the sum out, all the terms must be listed for 2 marks; $12\times(1000-230)$ or $12\times770$ on its own do not score |

## Question 5(ii)(A):
| 368.33(...) or 368.34 | B2 | **M1** for $460 \times 0.98^{11}$ |

## Question 5(ii)(B):
| $J_{20} = 310$, $M_{20} = 313.36(...), 313.4, 313.3, 313.37$ or $313$ | B3 | **B3** for all 4 values correct; **B2** for 3 values correct; **B1** for 2 values correct; values which are clearly wrongly attributed do not score |
| $J_{19} = 320$, $M_{19} = 319.76(...), 319.8$ or $319.7$ | | |

## Question 5(ii)(C):
| 8837 to 8837.06 | B2 | **M1** for $S_{24} = \frac{460(1-0.98^{24})}{1-0.98}$ oe |

## Question 5(ii)(D):
| $\frac{a(1-0.98^{24})}{(1-0.98)} = 9240$ oe | M1 | f.t. their power of 24 from (ii)(C) |
| 480.97 to 480.98 | A1 | |
5 Jim and Mary are each planning monthly repayments for money they want to borrow.
\begin{enumerate}[label=(\roman*)]
\item Jim's first payment is $\pounds 500$, and he plans to pay $\pounds 10$ less each month, so that his second payment is $\pounds 490$, his third is $\pounds 480$, and so on.\\
(A) Calculate his 12th payment.\\
(B) He plans to make 24 payments altogether. Show that he pays $\pounds 9240$ in total.
\item Mary's first payment is $\pounds 460$ and she plans to pay $2 \%$ less each month than the previous month, so that her second payment is $\pounds 450.80$, her third is $\pounds 441.784$, and so on.\\
(A) Calculate her 12th payment.\\
(B) Show that Jim's 20th payment is less than Mary's 20th payment but that his 19th is not less than her 19th.\\
(C) Mary plans to make 24 payments altogether. Calculate how much she pays in total.\\
(D) How much would Mary's first payment need to be if she wishes to pay $2 \%$ less each month as before, but to pay the same in total as Jim, $\pounds 9240$, over the 24 months?
\end{enumerate}

\hfill \mbox{\textit{OCR MEI C2  Q5 [13]}}