OCR H240/02 — Question 6 12 marks

Exam BoardOCR
ModuleH240/02 (Pure Mathematics and Statistics)
Marks12
PaperDownload PDF ↗
TopicDifferential equations
TypeExponential growth/decay - direct proportionality (dN/dt = kN)
DifficultyModerate -0.3 This is a straightforward exponential growth question requiring standard techniques: forming dy/dt = ky, solving by separation of variables to get y = Ae^(kt), applying initial conditions, and substituting given values. All steps are routine A-level procedures with no novel problem-solving required, making it slightly easier than average.
Spec1.06i Exponential growth/decay: in modelling context1.07t Construct differential equations: in context1.08k Separable differential equations: dy/dx = f(x)g(y)

6 Helga invests \(\pounds 4000\) in a savings account.
After \(t\) days, her investment is worth \(\pounds y\).
The rate of increase of \(y\) is \(k y\), where \(k\) is a constant.
  1. Write down a differential equation in terms of \(t , y\) and \(k\).
  2. Solve your differential equation to find the value of Helga's investment after \(t\) days. Give your answer in terms of \(k\) and \(t\). It is given that \(k = \frac { 1 } { 365 } \ln \left( 1 + \frac { r } { 100 } \right)\) where \(r \%\) is the rate of interest per annum. During the first year the rate of interest is \(6 \%\) per annum.
  3. Find the value of Helga's investment after 90 days. After one year (365 days), the rate of interest drops to 5\% per annum.
  4. Find the total time that it will take for Helga's investment to double in value.

6 Helga invests $\pounds 4000$ in a savings account.\\
After $t$ days, her investment is worth $\pounds y$.\\
The rate of increase of $y$ is $k y$, where $k$ is a constant.
\begin{enumerate}[label=(\alph*)]
\item Write down a differential equation in terms of $t , y$ and $k$.
\item Solve your differential equation to find the value of Helga's investment after $t$ days. Give your answer in terms of $k$ and $t$.

It is given that $k = \frac { 1 } { 365 } \ln \left( 1 + \frac { r } { 100 } \right)$ where $r \%$ is the rate of interest per annum. During the first year the rate of interest is $6 \%$ per annum.
\item Find the value of Helga's investment after 90 days.

After one year (365 days), the rate of interest drops to 5\% per annum.
\item Find the total time that it will take for Helga's investment to double in value.
\end{enumerate}

\hfill \mbox{\textit{OCR H240/02  Q6 [12]}}