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Loans/Annuities + subbing numbers (1 Viewer)

loje

New Member
Joined
Sep 16, 2015
Messages
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HSC
2016
For questions that ask "how long will it take..." is it valid to simply test some numbers?

For example in 2013 Mathematics 2U paper Q13)d)iii) it asks how long it takes to repay $370k

If I test n = 192, A = $1387.14
and
n = 193, A = -$1603.91

Therefore it will take 193 months to repay.

Will I gain the full 2 marks?

Thanks.
 

pikachu975

Premium Member
Joined
May 31, 2015
Messages
2,739
Location
NSW
Gender
Male
HSC
2017
No because it says:

Finds equation in terms of (1.005)^n or equivalent merit

For one of the marks but you didn't do that.

Also how would you even come up with 192 in the first place? You could be going "50,200,100,150,160,195,170,185,190,191,192,193" which I think solving is faster
 

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