My Year 11 Specialist Mathematics students are working on Trig identities. We came across this question
Without the use of a calculator, evaluate (a)
(b)
OT Lee Year 11 Specialist Mathematics textbook
I spent a bit of time thinking about the question. Can you use a product to sum identity twice? But I was always being left with an angle that doesn’t have a nice exact value.
I tried a few things, had a chat to Meta AI, and finally stumbled upon this method.
At 1pm, object travelling with constant velocity km/h is sighted at the point with position vector km. At 2pm object travelling with constant velocity km/h is sighted at the point with position vector km. Determine the minimum distance between and and when this occurs.
OT Lee Mathematics Specialist Year 11 Unit 1 and 2 Exercise 10.1 Question 6.
(1)
(2)
is the position vector of at 1pm.
Find the relative displacement of to
Find the relative velocity of to
The relative displacement is perpendicular to the relative velocity at the closest approach.
That is
(3)
Substitute into the relative displacement and find the magnitude.
The closest objects and get to each other is km at 1:27pm.
Ming, a former high school student and now a successful business owner, wishes to set up a perpetuity of $6000 per year to be paid to a deserving student from her school. The perpetuity is to be paid at the start of the year in one single payment.
(a) A financial institution has agreed to maintain an account for the perpetuity paying a fixed rate of 5.9% p.a. compounded monthly. Show that an amount of $98 974, to the nearest dollar, is required to maintain this perpetuity.
(b) Ming allows herself five years to accumulate the required $98 974 by making regular quarterly payments into an account paying 5.4% p.a. compounded monthly. Determine the quarterly payment needed to reach the required amount after five years if Ming starts the account with an initial deposit of $1000.
SCSA 2017 CA 8
(a) For a perpetuity, we want the interest to equal the payment.
Remember the compound interest formula is
Where is the principal, is the interest rate (as a percent), is the number of compounding periods in a year, and is the time.
Therefore an amount of $98 974 is required to maintain this perpetuity
For part (b) I will use the Finance Solver on a Classpad (Casio).
N is the number of payments,
PV is the principal value. To get the signs correct it is helpful to think about the direction of the flow of the money. The $1000 is going away from Ming so it is negative.
FV is the future value.
P/Y is the number of payments per year (quarterly so 4)
C/Y is the number of compounding periods per year (monthly so 12).