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1. A concert choir is arranged, per row, according to an arithmetic sequence. There are 20 singers in the fourth row and 32 singers in the eighth row. (a) Find the common difference of this arithmetic sequence. (3) There are 10 rows in the choir and 11 singers in the first row. (b) Find the total number of singers in the choir. (3) (Total 6 marks) 2. Astrid invests 1200 euros for five years at a nominal annual interest rate of 7.2 %, compounded monthly. (a) Find the interest Astrid has earned during the five years of her investment. Give your answer correct to two decimal places. (3) Helen invests 1200 euros in an annual simple interest scheme for five years. She earns the same interest as Astrid. (b) Find the simple interest rate of this scheme. (3) (Total 6 marks) 3. The first term of an arithmetic sequence is 3 and the sum of the first two terms is 11. (a) Write down the second term of this sequence. (1) (b) Write down the common difference of this sequence. (1) (c) Write down the fourth term of this sequence. (1) (d) The nth term is the first term in this sequence greater than 1000. Find the value of n. (3) (Total 6 marks) IB Questionbank Mathematical Studies 3rd edition 1 4. The annual fees paid to a school for the school years 2000, 2001 and 2002 increase as a geometric progression. The table below shows the fee structure. (a) Year Fees (USD) 2000 8000.00 2001 8320.00 2002 8652.80 Calculate the common ratio for the increasing sequence of fees. (2) In parts (b) and (c) give your answer correct to 2 decimal places. The fees continue to increase in the same ratio. (b) Find the fees paid for 2006. (2) A student attends the school for eight years, starting in 2000. (c) Find the total fees paid for these eight years. (2) (Total 6 marks) 5. A geometric sequence has second term 12 and fifth term 324. (a) Calculate the value of the common ratio. (4) (b) Calculate the 10th term of this sequence. (3) (c) The kth term is the first term that is greater than 2000. Find the value of k. (3) (Total 10 marks) IB Questionbank Mathematical Studies 3rd edition 2 6. Daniel wants to invest $25 000 for a total of three years. There are three investment options. Option One pays simple interest at an annual rate of interest of 6 %. Option Two pays compound interest at a nominal annual rate of interest of 5 %, compounded annually. Option Three pays compound interest at a nominal annual rate of interest of 4.8 %, compounded monthly. (a) Calculate the value of his investment at the end of the third year for each investment option, correct to two decimal places. (8) (b) Determine Daniel’s best investment option. (1) (Total 9 marks) 7. An amount, C, of Australian Dollars (AUD) is invested for 5 years at 2.5 % yearly simple interest. The interest earned on this investment is 446.25 AUD. (a) Calculate the value of C. (2) 5000 AUD is invested at a nominal annual interest rate of 2.5 % compounded half yearly. (b) Calculate the length of time in years for the interest on this investment to exceed 446.25 AUD. (4) (Total 6 marks) IB Questionbank Mathematical Studies 3rd edition 3