Edexcel P1 2021 June — Question 5

Exam BoardEdexcel
ModuleP1 (Pure Mathematics 1)
Year2021
SessionJune
TopicCurve Sketching
TypeQuadratic modelling problems

5. \begin{figure}[h]
\includegraphics[alt={},max width=\textwidth]{877d03f2-d62c-4060-bdd2-f0d5dfbe6203-14_563_671_255_657} \captionsetup{labelformat=empty} \caption{Figure 2}
\end{figure} The share value of two companies, company \(A\) and company \(B\), has been monitored over a 15-year period. The share value \(P _ { A }\) of company \(\boldsymbol { A }\), in millions of pounds, is modelled by the equation $$P _ { A } = 53 - 0.4 ( t - 8 ) ^ { 2 } \quad t \geqslant 0$$ where \(t\) is the number of years after monitoring began. The share value \(P _ { B }\) of company \(B\), in millions of pounds, is modelled by the equation $$P _ { B } = - 1.6 t + 44.2 \quad t \geqslant 0$$ where \(t\) is the number of years after monitoring began. Figure 2 shows a graph of both models. Use the equations of one or both models to answer parts (a) to (d).
  1. Find the difference between the share value of company \(\boldsymbol { A }\) and the share value of company \(\boldsymbol { B }\) at the point monitoring began.
  2. State the maximum share value of company \(\boldsymbol { A }\) during the 15-year period.
  3. Find, using algebra and showing your working, the times during this 15-year period when the share value of company \(\boldsymbol { A }\) was greater than the share value of company \(\boldsymbol { B }\).
  4. Explain why the model for company \(\boldsymbol { A }\) should not be used to predict its share value when \(t = 20\)
    \includegraphics[max width=\textwidth, alt={}, center]{877d03f2-d62c-4060-bdd2-f0d5dfbe6203-17_2644_1838_121_116}