OCR PURE — Question 3

Exam BoardOCR
ModulePURE
TopicArithmetic Sequences and Series

3 Sam invested in a shares scheme. The value, \(\pounds V\), of Sam's shares was reported \(t\) months after investment.
  • Exactly 6 months after investment, the value of Sam's shares was \(\pounds 2375\).
  • Exactly 1 year after investment, the value of Sam's shares was \(\pounds 2825\).
    1. Using a straight-line model, determine an equation for \(V\) in terms of \(t\).
Sam's original investment in the scheme was \(\pounds 1900\).
  • Explain whether or not this fact supports the use of the straight-line model in part (a).