IB Maths AI SL – Topic 1: Number and Algebra
Approximation, financial maths, sequences, exponents and logarithms.
This worksheet covers:
- Approximation and percentage error
- Arithmetic and geometric sequences
- Financial mathematics using the TVM solver
- Exponents
- Logarithms
A GDC is allowed throughout; give answers to 3 significant figures unless stated. Allow about 70 minutes.
Questions
(a) Write $0.0034567$ correct to 3 significant figures.(b) Write your answer to (a) in the form $a \times 10^k$ where $1 \le a < 10$ and $k \in \mathbb{Z}$.(c) A student measures a mass as $12.5$ g. The exact mass is $12.32$ g. Calculate the percentage error in the student’s measurement.
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An arithmetic sequence has first term $7$ and common difference $4$.(a) Find the 20th term.(b) Find the sum of the first 20 terms.(c) Find the smallest value of $n$ for which $u_n > 200$.
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The first three terms of a geometric sequence are $3, 6, 12, \ldots$(a) Write down the common ratio.(b) Find the 10th term.(c) Find the sum of the first 10 terms.
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Evaluate $\sum_{k=1}^{15} (3k + 2)$.
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(a) Solve $2^{x+1} = 50$, giving your answer to 3 significant figures.(b) Without a calculator, simplify $\log_{10} 8 + \log_{10} 5 – \log_{10} 4$.(c) Write $\frac{x^3 \sqrt{x}}{x^{-2}}$ in the form $x^n$.
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Maya invests $5000$ USD in an account paying $4.2\%$ per annum, compounded quarterly.(a) Find the value of the investment after 6 years.(b) Find the total interest earned.(c) Find how many years it takes for the investment to double in value (compounded quarterly).
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Ben takes out a loan of $15000$ EUR at $6\%$ per annum, compounded monthly, to be repaid in equal monthly payments over 5 years.(a) Find the monthly payment.(b) Find the total amount of interest Ben pays over the 5 years.
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A car is bought for $24000$ GBP and depreciates by $15\%$ each year.(a) Write down an expression for the value $V$ of the car after $n$ years.(b) Find the value of the car after 4 years.(c) Find the number of complete years after which the value first falls below $10000$ GBP.
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Aisha saves $200$ AUD at the end of every month into an account paying $3\%$ per annum, compounded monthly.(a) Find the value of her savings after 10 years.(b) State the total amount Aisha deposited and hence find the interest earned.
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A savings account pays a nominal rate of $4.5\%$ per annum. Inflation is $2.1\%$ per annum.(a) Explain what is meant by the real rate of return.(b) Calculate the real rate of return, giving your answer to 2 decimal places.
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The side of a square tile is measured as $12$ cm, correct to the nearest cm.(a) Write down the lower and upper bounds of the side length.(b) Find the lower and upper bounds of the area of the tile.(c) A rectangular floor is measured as $8.3$ m by $5.1$ m, each correct to 2 significant figures. The exact dimensions are $8.34$ m by $5.08$ m. Calculate the percentage error in the area found using the rounded measurements.
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A population of bacteria grows so that its size after $t$ hours is $N = 500 \times 1.8^t$.(a) Find the population after 5 hours.(b) Find the time, in hours, for the population to reach $100000$. Give your answer to 3 significant figures.(c) A second colony has population $M = 20000 \times 0.7^t$. Use logarithms or your GDC to find the time when the two populations are equal.
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