Edexcel C1 — Question 6

Exam BoardEdexcel
ModuleC1 (Core Mathematics 1)
TopicArithmetic Sequences and Series

6. (a) An arithmetic series has first term \(a\) and common difference \(d\). Prove that the sum of the first \(n\) terms of the series is \(\frac { 1 } { 2 } n [ 2 a + ( n - 1 ) d ]\). A company made a profit of \(\pounds 54000\) in the year 2001. A model for future performance assumes that yearly profits will increase in an arithmetic sequence with common difference \(\pounds d\). This model predicts total profits of \(\pounds 619200\) for the 9 years 2001 to 2009 inclusive.
(b) Find the value of \(d\). Using your value of \(d\),
(c) find the predicted profit for the year 2011.