Edexcel Paper 1 2019 June — Question 7 7 marks

Exam BoardEdexcel
ModulePaper 1 (Paper 1)
Year2019
SessionJune
Marks7
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Mark schemeDownload PDF ↗
TopicExponential Functions
TypeCritique single model appropriateness
DifficultyModerate -0.3 This is a straightforward application of exponential modelling with standard depreciation context. Part (a) requires simple substitution to find the decay factor (0.8), part (b) asks for basic model evaluation by comparing predicted vs actual values, and part (c) tests conceptual understanding of the decay parameter. While it involves multiple parts and some interpretation, it requires no novel insight—just routine application of V = V₀r^t and comparison of numerical outputs.
Spec1.02z Models in context: use functions in modelling1.06i Exponential growth/decay: in modelling context

  1. In a simple model, the value, \(\pounds V\), of a car depends on its age, \(t\), in years.
The following information is available for \(\operatorname { car } A\)
  • its value when new is \(\pounds 20000\)
  • its value after one year is \(\pounds 16000\)
    1. Use an exponential model to form, for car \(A\), a possible equation linking \(V\) with \(t\).
The value of car \(A\) is monitored over a 10-year period.
Its value after 10 years is \(\pounds 2000\)
  • Evaluate the reliability of your model in light of this information. The following information is available for car \(B\)
    • it has the same value, when new, as car \(A\)
    • its value depreciates more slowly than that of \(\operatorname { car } A\)
    • Explain how you would adapt the equation found in (a) so that it could be used to model the value of car \(B\).

  • Question 7:
    Part (a):
    AnswerMarks Guidance
    Answer/WorkingMark Guidance
    Uses model \(V = Ae^{\pm kt}\)M1 Do not allow if \(k\) is fixed; condone different variable names
    Substitutes \(t=0, V=20000 \Rightarrow A=20000\)M1 Candidates writing \(V=20000e^{kt}\) directly score M1 M1
    Substitutes \(t=1, V=16000 \Rightarrow 16000 = 20000e^{-k} \Rightarrow k = \ldots\)dM1 Dependent on both previous M's; must use logs correctly
    \(V = 20000e^{-0.223t}\)A1 Accuracy to at least 3sf; or \(V=20000e^{t\ln 0.8}\)
    Part (b):
    AnswerMarks Guidance
    Answer/WorkingMark Guidance
    Substitutes \(t=10\) into \(V = 20000e^{-0.223t} \Rightarrow V = (\pounds 2150)\)M1 Or substitutes \(V=2000\) and finds \(t\)
    Model is reliable as \(\pounds 2150 \approx \pounds 2000\)A1 Must compare to \(\pounds 2000\) with reason; do not allow "not reliable because it is not the same"
    Part (c):
    AnswerMarks Guidance
    Answer/WorkingMark Guidance
    Make the \(-0.223\) less negative; or adapt model e.g. \(V = 18000e^{-0.223t}+2000\)B1ft Follow through on their constant; condone not stating \(-0.223\) lies outside \((-0.223, 0)\)
    # Question 7:
    
    ## Part (a):
    
    | Answer/Working | Mark | Guidance |
    |---|---|---|
    | Uses model $V = Ae^{\pm kt}$ | M1 | Do not allow if $k$ is fixed; condone different variable names |
    | Substitutes $t=0, V=20000 \Rightarrow A=20000$ | M1 | Candidates writing $V=20000e^{kt}$ directly score M1 M1 |
    | Substitutes $t=1, V=16000 \Rightarrow 16000 = 20000e^{-k} \Rightarrow k = \ldots$ | dM1 | Dependent on both previous M's; must use logs correctly |
    | $V = 20000e^{-0.223t}$ | A1 | Accuracy to at least 3sf; or $V=20000e^{t\ln 0.8}$ |
    
    ## Part (b):
    
    | Answer/Working | Mark | Guidance |
    |---|---|---|
    | Substitutes $t=10$ into $V = 20000e^{-0.223t} \Rightarrow V = (\pounds 2150)$ | M1 | Or substitutes $V=2000$ and finds $t$ |
    | Model is reliable as $\pounds 2150 \approx \pounds 2000$ | A1 | Must compare to $\pounds 2000$ with reason; do not allow "not reliable because it is not the same" |
    
    ## Part (c):
    
    | Answer/Working | Mark | Guidance |
    |---|---|---|
    | Make the $-0.223$ less negative; or adapt model e.g. $V = 18000e^{-0.223t}+2000$ | B1ft | Follow through on their constant; condone not stating $-0.223$ lies outside $(-0.223, 0)$ |
    \begin{enumerate}
      \item In a simple model, the value, $\pounds V$, of a car depends on its age, $t$, in years.
    \end{enumerate}
    
    The following information is available for $\operatorname { car } A$
    
    \begin{itemize}
      \item its value when new is $\pounds 20000$
      \item its value after one year is $\pounds 16000$\\
    (a) Use an exponential model to form, for car $A$, a possible equation linking $V$ with $t$.
    \end{itemize}
    
    The value of car $A$ is monitored over a 10-year period.\\
    Its value after 10 years is $\pounds 2000$\\
    (b) Evaluate the reliability of your model in light of this information.
    
    The following information is available for car $B$
    
    \begin{itemize}
      \item it has the same value, when new, as car $A$
      \item its value depreciates more slowly than that of $\operatorname { car } A$\\
    (c) Explain how you would adapt the equation found in (a) so that it could be used to model the value of car $B$.
    \end{itemize}
    
    \hfill \mbox{\textit{Edexcel Paper 1 2019 Q7 [7]}}