16
WORKSHEET General 2 Mathematics Topic Areas: FOCUS STUDIES Mathematics and Driving Costs to Purchase / Insurance Depreciation / Running costs Safety: D=ST & BAC Teacher: PETER HARGRAVES Source: HSC exam questions Exam Equivalent Time: 58.5 minutes Worked Solutions: Included Note: Each question has designated marks. Use this information as both a guide to the question's difficulty and as a timing indicator, whereby each mark should equate to 1.5 minutes of working (examination) time. Questions 1. FS Driving, 2UG 2014 HSC 9 MC A car is bought for . It will depreciate at per annum. Using the declining balance method, what will be the salvage value of the car after years, to the nearest dollar? (A) (B) (C) (D)

WORKSHEET General 2 Mathematics · WORKSHEET General 2 Mathematics Topic Areas: FOCUS STUDIES Mathematics and Driving ... is the person's mass in kgs. ... suitable calculations to

Embed Size (px)

Citation preview

Page 1: WORKSHEET General 2 Mathematics · WORKSHEET General 2 Mathematics Topic Areas: FOCUS STUDIES Mathematics and Driving ... is the person's mass in kgs. ... suitable calculations to

WORKSHEET ­ General 2 MathematicsTopic Areas:FOCUS STUDIES

Mathematics and Driving­ Costs to Purchase / Insurance­ Depreciation / Running costs­ Safety: D=ST & BAC

Teacher: PETER HARGRAVESSource: HSC exam questionsExam Equivalent Time: 58.5 minutesWorked Solutions: IncludedNote: Each question has designated marks. Use this information as both a guide to the question's difficultyand as a timing indicator, whereby each mark should equate to 1.5 minutes of working (examination) time.

Questions

1. FS Driving, 2UG 2014 HSC 9 MC

A car is bought for . It will depreciate at per annum.

Using the declining balance method, what will be the salvage value of the car after years, tothe nearest dollar?

(A)

(B)

(C)

(D)

$19 990 18%

3

$8968

$9195

$11 022

$16 392

Page 2: WORKSHEET General 2 Mathematics · WORKSHEET General 2 Mathematics Topic Areas: FOCUS STUDIES Mathematics and Driving ... is the person's mass in kgs. ... suitable calculations to

2. FS Driving, 2012 HSC 16 MC

A machine was bought for .

Which graph best represents the salvage value of the machine over years using thedeclining balance method of depreciation?

3. FS Driving, 2012 HSC 15 MC

The time taken to complete a journey varies inversely with the speed of a car. A car takes hours to complete a journey when travelling at .

How long would the same journey take if the car were travelling at ?

(A)

(B)

(C)

(D)

$25000

10

6 60 km/h

100 km/h

36 minutes

1 hour and 40 minutes

3 hours and 6 minutes

3 hours and 36 minutes

Page 3: WORKSHEET General 2 Mathematics · WORKSHEET General 2 Mathematics Topic Areas: FOCUS STUDIES Mathematics and Driving ... is the person's mass in kgs. ... suitable calculations to

4. FS Driving, 2010 HSC 11 MC

Which of the following graphs shows the lowest rate of depreciation over the given timeperiod?

5. FS Driving, HSC supplement MC

The blood alcohol content ( ) of a male's blood is given by the formula;

, where

is the number of standard drinks consumed,

is the number of hours drinking and

is the person's mass in kgs.

Calculate the of a male who consumed standard drinks in hours and weighs , correct to 2 decimal places.

(A)

(B)

(C)

(D)

BAC

BA =Cmale10N − 7.5H

6.8M

N

H

M

BAC 4 3.568kgs

1.03

0.03

0.04

0.01

Page 4: WORKSHEET General 2 Mathematics · WORKSHEET General 2 Mathematics Topic Areas: FOCUS STUDIES Mathematics and Driving ... is the person's mass in kgs. ... suitable calculations to

6. FS Driving, 2UG 2014 HSC 22 MC

Heather’s car uses fuel at the rate of for long­distance driving and for short­distance driving.

She used the car to make a journey of , which included of short­distance driving.

Approximately how much fuel did Heather’s car use on the journey?

(A)

(B)

(C)

(D)

7. FS Driving, 2011 HSC 21 MC

A train departs from Town at 3.00 pm to travel to Town . Its average speed for thejourney is , and it arrives at 5.00 pm. A second train departs from Town at3.10 pm and arrives at Town at 4.30 pm.

What is the average speed of the second train?

(A)

(B)

(C)

(D)

6.6 L per 100 km8.9 L per 100 km

560 km 65 km

37 L

38 L

48 L

50 L

A B90 km/h A

B

135 km/h

150 km/h

216 km/h

240 km/h

Page 5: WORKSHEET General 2 Mathematics · WORKSHEET General 2 Mathematics Topic Areas: FOCUS STUDIES Mathematics and Driving ... is the person's mass in kgs. ... suitable calculations to

Alex wishes to take out comprehensive insurance for the car for months. Thecost of comprehensive insurance is calculated using the following:

Stamp Duty for this car is calculated at for every , or part thereof, of thesale price.

Calculate the Stamp Duty payable. (1 mark)

Alex borrows the total amount to be paid for the car including Stamp Duty andtransfer of registration. Interest on the loan is charged at a flat rate of perannum. The loan is to be repaid in equal monthly instalments over years.

Calculate Alex’s monthly repayments. (4 marks)

Find the total amount that Alex will need to pay for comprehensive insurance. (3marks)

Alex has decided he will take out the comprehensive car insurance rather than theless expensive non­compulsory third­party car insurance.

What extra cover is provided by the comprehensive car insurance? (1 mark)

8. FS Driving, 2UG 2014 HSC 27a

Alex is buying a used car which has a sale price of . In addition to the sale price thereare the following costs:

(i)

(ii)

(iii)

(iv)

9. FS Driving, 2012 HSC 26b

Jim buys a photocopier for .

Its value is depreciated using the declining balance method at the rate of per annum.

What is its value at the end of years? (2 marks)

$13 380

$3 $100

7.5%3

12

$22 000

15%

3

Page 6: WORKSHEET General 2 Mathematics · WORKSHEET General 2 Mathematics Topic Areas: FOCUS STUDIES Mathematics and Driving ... is the person's mass in kgs. ... suitable calculations to

10. FS Driving, 2013 HSC 28e

Zheng has purchased a computer for for his company. He wants to compare twodifferent methods of depreciation over two years for the computer.

Method 1: Straight­line with depreciation per annum.

Method 2: Declining balance with depreciation per annum.

Which method gives the greatest depreciation over the two years? Justify your answer withsuitable calculations. (3 marks)

11. FS Driving, 2UG 2008 HSC 27c

A plasma TV depreciated in value by per annum. Two years after it was purchased it haddepreciated to a value of , using the declining balance method.

What was the purchase price of the plasma TV? (2 marks)

12. FS Driving, 2UG 2014 HSC 27b

Xuso is comparing the costs of two different ways of travelling to university.

Xuso’s motorcycle uses one litre of fuel for every travelled. The cost of fuel is and the distance from her home to the university car park is . The cost of

travelling by bus is for single trips.

Which way of travelling is cheaper and by how much? Support your answer with calculations. (2 marks)

13. FS Driving, 2UG 2014 HSC 29b

What is the maximum number of standard drinks that a male weighing can consumeover hours in order to maintain a blood alcohol content (BAC) of less than ? (3 marks)

$5000

$1250

35%

15%$2023

17 km$1.67/L 34 km

$36.40 10

84 kg4 0.05

Page 7: WORKSHEET General 2 Mathematics · WORKSHEET General 2 Mathematics Topic Areas: FOCUS STUDIES Mathematics and Driving ... is the person's mass in kgs. ... suitable calculations to

Find the gradient of the line shown in the graph. (1 mark)

What does the value of the gradient represent in this situation? (1 mark)

Write down the equation of the line shown in the graph. (1 mark)

Find all the values of that are not suitable for Norman to use when calculating thesalvage value of his tractor. Explain why these values are not suitable. (2 marks)

Pat used the declining balance formula for calculating the salvage value of hertractor. The depreciation rate that she used was per annum.

What did Pat calculate the salvage value of her tractor to be after years? (2marks)Using Pat’s method for depreciation, describe what happens to the salvage value ofher tractor for all values of greater than . (1 mark)

14. FS Driving, 2011 HSC 28b

Norman and Pat each bought the same type of tractor for at the same time. Thevalue of their tractors depreciated over time.

The salvage value , in dollars, of each tractor, is its depreciated value after years.

Norman drew a graph to represent the salvage value of his tractor.

(i)

(ii)

(iii)

(iv)

(v)

(vi)

$60 000

S n

n

20%

14

n 15

Page 8: WORKSHEET General 2 Mathematics · WORKSHEET General 2 Mathematics Topic Areas: FOCUS STUDIES Mathematics and Driving ... is the person's mass in kgs. ... suitable calculations to

Find the amount that the computer would depreciate each year to be worth nothingafter years, if the straight line method of depreciation is used. (1 mark)Explain why the computer would never be worth nothing if the declining balancemethod of depreciation is used, with per annum rate of depreciation. Usesuitable calculations to support your answer. (2 marks)

15. FS Driving, 2009 HSC 24e

Jay bought a computer for . His friend Julie said that all computers are worth nothing(i.e. the value is ) after years.

(i)

(ii)

Copyright © 2009­14 The State of New South Wales (Board of Studies, Teaching and Educational Standards NSW)

$3600$0 3

3

30%

Page 9: WORKSHEET General 2 Mathematics · WORKSHEET General 2 Mathematics Topic Areas: FOCUS STUDIES Mathematics and Driving ... is the person's mass in kgs. ... suitable calculations to

Worked Solutions

1. FS Driving, 2UG 2014 HSC 9 MC

2. FS Driving, 2012 HSC 16 MC

3. FS Driving, 2012 HSC 15 MC

S = V0(1 − r)n

= 19 990(1 − )18100

3

= 19 990(0.82)3

= $11 021.85⇒ C

B and D represent straight line depreciation

C incorrectly has no salvage value after 10 years

⇒ A

T =D

S

Since T = 6 when S = 60

6 =D

60D = 360 km

Need to find T when S = 100 and D = 360

T =360100

= 3.6 hours

= 3 hrs 36 minutes⇒ D

Page 10: WORKSHEET General 2 Mathematics · WORKSHEET General 2 Mathematics Topic Areas: FOCUS STUDIES Mathematics and Driving ... is the person's mass in kgs. ... suitable calculations to

4. FS Driving, 2010 HSC 11 MC

5. FS Driving, HSC supplement MC

6. FS Driving, 2UG 2014 HSC 22 MC

The lowest rate of depreciation will occur when

an item retains value for the longest time.

⇒ D

BACmale =(10 × 4) − (7.5 × 3.5)

(6.8 × 68)

=13.75462.4

= 0.0297...⇒ B

Fuel used in short distance

= × 8.9 L = 5.785 L65100

Fuel used in long distance

= × 6.6 L = 32.67 L495100

Total Fuel = 5.785 + 32.67

= 38.455 L⇒ B

Page 11: WORKSHEET General 2 Mathematics · WORKSHEET General 2 Mathematics Topic Areas: FOCUS STUDIES Mathematics and Driving ... is the person's mass in kgs. ... suitable calculations to

♦ Mean mark 49%

♦♦♦ Mean mark 12%IMPORTANT: "or part thereof .."in the question requiresstudents to round up to 134 toget the right multiple of $3 fortheir calculation.

7. FS Driving, 2011 HSC 21 MC

8. FS Driving, 2UG 2014 HSC 27a

(i)

(ii)

1st train

Travels 2hrs at 90km/h

Distance = Speed × Time

= 90 × 2

= 180 km2nd train

Travels 180 km in 1hr 20min ( hrs)43

Speed =Distance

Time

= 180 ÷43

= 180 ×34

= 135 km/h⇒ A

= 133.8$13 380

100∴ Stamp duty = 134 × $3

= $402

Total loan = $13 380 + 30 + 402

= $13 812

Total interest (I) = Prn

= 13 812 × × 37.5100

= 3107.70

Total to repay = 3107.70 + 13 812

= 16 919.70

# Repayments = 3 × 12 = 36

16 919.70

Page 12: WORKSHEET General 2 Mathematics · WORKSHEET General 2 Mathematics Topic Areas: FOCUS STUDIES Mathematics and Driving ... is the person's mass in kgs. ... suitable calculations to

♦ Mean mark 34%.

(iii)

(iv)

9. FS Driving, 2012 HSC 26b

∴ Monthly repayment =16 919.70

36= 469.9916...

= $470 (nearest dollar)

Base rate = $845FSL = 1 % × 845 = $8.45

Stamp = 5.5 % (845 + 8.45)

= 46.9397...

= $46.94 (nearest cent)

GST = 10 % (845 + 8.45)

= 85.345

= $85.35

∴ Total cost = 845 + 8.45 + 46.94 + 85.35

= $985.74

Comprehensive insurance covers Alex

for damage done to his own car as well.

S = V0(1 − r)n

= 22 000(1 − 0.15)3

= 22 000(0.85)3

= 13 510.75∴ After 3 years, it is worth $13 510.75

Page 13: WORKSHEET General 2 Mathematics · WORKSHEET General 2 Mathematics Topic Areas: FOCUS STUDIES Mathematics and Driving ... is the person's mass in kgs. ... suitable calculations to

10. FS Driving, 2013 HSC 28e

11. FS Driving, 2UG 2008 HSC 27c

Depreciation over 2 years = 2 × 1250

= $2500

Method 2

Depreciation (Year 1) = 35 % × 5000

= $1750

Depreciation (Year 2) = 35 % × (5000 −1750)

= $1137.50

⇒ Depreciation over 2 years = 1750 + 1137.50

= $2887.50

∴ Method 2 gives the greater depreciation.

S = V0(1 − r)n

⇒ 2023 = V0(1 − 0.15)2

2023 = V0(0.85)2

V0 =2023

0.852

= 2800∴ The purchase price = $2800

Page 14: WORKSHEET General 2 Mathematics · WORKSHEET General 2 Mathematics Topic Areas: FOCUS STUDIES Mathematics and Driving ... is the person's mass in kgs. ... suitable calculations to

12. FS Driving, 2UG 2014 HSC 27b

13. FS Driving, 2UG 2014 HSC 29b

Compare cost of a 1-way trip

Motorcycle

Fuel used = = 2 L3417

Cost = 2 × $1.67 = $3.34

Bus

Cost = = $3.6436.40

10Difference = $3.64 − 3.34 = $0.30

∴ Motorcycle is $0.30 cheaper

per 1-way trip

=BACmale10N − 7.5H

6.8M

Find N for BAC < 0.05

given H = 4 and M = 84

⇒10N − 7.5(4)

6.8(84)< 0.05

10N − 30 < 0.05(571.2)

10N < 28.56 + 30

< 58.56

N < 5.856

∴ Max number of drinks is 5.

Page 15: WORKSHEET General 2 Mathematics · WORKSHEET General 2 Mathematics Topic Areas: FOCUS STUDIES Mathematics and Driving ... is the person's mass in kgs. ... suitable calculations to

♦♦♦ Mean mark 14%COMMENT: The intercepts ofboth axes provide points wherethe gradient can be quicklyfound.

♦ Mean mark 37%

♦♦ Mean mark 28%COMMENT: Using the generalform is quick herebecause you have the gradient(from part (i)) and the ­interceptis obviously .

♦♦♦ Mean mark 20%

♦♦♦ Mean mark 37%

14. FS Driving, 2011 HSC 28b

(i)

(ii)

(iii)

(iv)

(v)

(vi)

Gradient =riserun

=−60 000

15= − 4000

The amount the tractor depreciates each year

y = mx + b

y60 000

We know S = − DnV0

∴ Equation is

S = 60 000 − 4000n

It is unsuitable to use

n < 0 because time must be positive

n > 15 because it has no more value after 15

years and therefore can't depreciate further.

Using S = where r = 20%, n = 14V0(1 − r)n

S = 60 000(1 − 0.2)14

= 60 000(0.8)14

= 2 638.8279...∴ After 14 years, the tractor is worth $2638.83

As n increases above 15 years, S decreases

but remains > 0.

Page 16: WORKSHEET General 2 Mathematics · WORKSHEET General 2 Mathematics Topic Areas: FOCUS STUDIES Mathematics and Driving ... is the person's mass in kgs. ... suitable calculations to

♦ Mean mark 45%

15. FS Driving, 2009 HSC 24e

(i)

(ii)

Copyright © 2015 M2 Mathematics Pty Ltd (SmarterMaths.com.au)

S = − DnV0

0 = 3600 − D × 3

3D = 3600

D =3600

3= 1200

∴ Annual depreciation = $1200

Using S = V0(1 − r)n

where r = 30% and = 3600V0

S = 3600(1 − )30100

n

= 3600(0.7)n

Since > 0 for all n(0.7)n

⇒ Salvage value is always > 0