Edexcel Paper 1 2023 June — Question 11

Exam BoardEdexcel
ModulePaper 1 (Paper 1)
Year2023
SessionJune
TopicExponential Equations & Modelling

11. \begin{figure}[h]
\includegraphics[alt={},max width=\textwidth]{0839eb5f-2850-4d77-baf7-a6557d71076e-28_590_739_219_671} \captionsetup{labelformat=empty} \caption{Figure 2}
\end{figure} The value, \(V\) pounds, of a mobile phone, \(t\) months after it was bought, is modelled by $$V = a b ^ { t }$$ where \(a\) and \(b\) are constants.
Figure 2 shows the linear relationship between \(\log _ { 10 } V\) and \(t\).
The line passes through the points \(( 0,3 )\) and \(( 10,2.79 )\) as shown.
Using these points,
  1. find the initial value of the phone,
  2. find a complete equation for \(V\) in terms of \(t\), giving the exact value of \(a\) and giving the value of \(b\) to 3 significant figures. Exactly 2 years after it was bought, the value of the phone was \(\pounds 320\)
  3. Use this information to evaluate the reliability of the model.