AQA C4 2008 January — Question 4 9 marks

Exam BoardAQA
ModuleC4 (Core Mathematics 4)
Year2008
SessionJanuary
Marks9
PaperDownload PDF ↗
Mark schemeDownload PDF ↗
TopicExponential Functions
TypeExponential growth/decay model setup
DifficultyModerate -0.3 This is a straightforward exponential model question requiring substitution to find A, solving k^60 = 100 using logarithms, evaluating P at t=123, and solving an exponential equation by equating and using logs. All steps are routine C4 techniques with no novel problem-solving required, making it slightly easier than average.
Spec1.06g Equations with exponentials: solve a^x = b1.06i Exponential growth/decay: in modelling context

4 David is researching changes in the selling price of houses. One particular house was sold on 1 January 1885 for \(\pounds 20\). Sixty years later, on 1 January 1945, it was sold for \(\pounds 2000\). David proposes a model $$P = A k ^ { t }$$ for the selling price, \(\pounds P\), of this house, where \(t\) is the time in years after 1 January 1885 and \(A\) and \(k\) are constants.
    1. Write down the value of \(A\).
    2. Show that, to six decimal places, \(k = 1.079775\).
    3. Use the model, with this value of \(k\), to estimate the selling price of this house on 1 January 2008. Give your answer to the nearest \(\pounds 1000\).
  1. For another house, which was sold for \(\pounds 15\) on 1 January 1885, David proposes the model $$Q = 15 \times 1.082709 ^ { t }$$ for the selling price, \(\pounds Q\), of this house \(t\) years after 1 January 1885. Calculate the year in which, according to these models, these two houses would have had the same selling price.

4(a)(i)
AnswerMarks
\(A = 20\)B1
4(a)(ii)
AnswerMarks Guidance
\(\frac{2000}{A} = k^{60}\)M1
\(k = (100)^{\frac{1}{2}} = 1.079775\)A1 AG; or \(k = 10^{\frac{\log 100}{60}} = 10^{0.0333}\) or \(\sqrt[60]{100}\) or \(e^{\frac{\ln 100}{60}} = e^{0.0776}\) or \(e^{0.077}\) or 1.079775(6) seen
4(a)(iii)
AnswerMarks Guidance
\(P = 20 \times k^{2008-1883} = 251780 = 252000\)M1 A1 CAO nearest 1000
4(b)
AnswerMarks Guidance
\(15 \times 1.082709^t = 20 \times 1.079775^t\)M1 equate prices
\(\frac{15}{20} = \left(\frac{1.079775}{1.082709}\right)^t\)M1 \(t\) as a single index, or correct log expression at this stage
\(t = \frac{\log 0.75}{\log 0.997290}\)m1 expression for \(t\)
\(t = 106.017 \Rightarrow 1991\)A1 SC Answer only/Trial and error 106 seen (2 out of 4); 1991 (4 out of 4)
Total: 9 marks
**4(a)(i)**

| $A = 20$ | B1 | |

**4(a)(ii)**

| $\frac{2000}{A} = k^{60}$ | M1 | |
| $k = (100)^{\frac{1}{2}} = 1.079775$ | A1 | AG; or $k = 10^{\frac{\log 100}{60}} = 10^{0.0333}$ or $\sqrt[60]{100}$ or $e^{\frac{\ln 100}{60}} = e^{0.0776}$ or $e^{0.077}$ or 1.079775(6) seen |

**4(a)(iii)**

| $P = 20 \times k^{2008-1883} = 251780 = 252000$ | M1 A1 | CAO nearest 1000 |

**4(b)**

| $15 \times 1.082709^t = 20 \times 1.079775^t$ | M1 | equate prices |
| $\frac{15}{20} = \left(\frac{1.079775}{1.082709}\right)^t$ | M1 | $t$ as a single index, or correct log expression at this stage |
| $t = \frac{\log 0.75}{\log 0.997290}$ | m1 | expression for $t$ |
| $t = 106.017 \Rightarrow 1991$ | A1 | SC Answer only/Trial and error 106 seen (2 out of 4); 1991 (4 out of 4) |

**Total: 9 marks**

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4 David is researching changes in the selling price of houses. One particular house was sold on 1 January 1885 for $\pounds 20$. Sixty years later, on 1 January 1945, it was sold for $\pounds 2000$. David proposes a model

$$P = A k ^ { t }$$

for the selling price, $\pounds P$, of this house, where $t$ is the time in years after 1 January 1885 and $A$ and $k$ are constants.
\begin{enumerate}[label=(\alph*)]
\item \begin{enumerate}[label=(\roman*)]
\item Write down the value of $A$.
\item Show that, to six decimal places, $k = 1.079775$.
\item Use the model, with this value of $k$, to estimate the selling price of this house on 1 January 2008. Give your answer to the nearest $\pounds 1000$.
\end{enumerate}\item For another house, which was sold for $\pounds 15$ on 1 January 1885, David proposes the model

$$Q = 15 \times 1.082709 ^ { t }$$

for the selling price, $\pounds Q$, of this house $t$ years after 1 January 1885. Calculate the year in which, according to these models, these two houses would have had the same selling price.
\end{enumerate}

\hfill \mbox{\textit{AQA C4 2008 Q4 [9]}}