These are explanations and solutions for IB past papers, not the official version. For official papers, you can go to IB Follet or access them through your school.
These are explanations and solutions for IB past papers, not the official version. For official papers, you can go to IB Follet or access them through your school.
These are explanations and solutions for IB past papers, not the official version. For official papers, you can go to IB Follet or access them through your school.
These are explanations and solutions for IB past papers, not the official version. For official papers, you can go to IB Follet or access them through your school.
01 Hours 30 Minutes
80 Marks
Calculator is allowed
IB MATH AA SL, Paper 2, May, 2022, TZ1, Solved Past Paper
Master the 2022 IB May for Paper 2 Mathematics AA SL with examiner tailored solutions and comments for TZ1
Question 1 [Explained]
Sam sets aside $1700 as an initial deposit into a savings account. This account offers a nominal annual interest rate of 2.74%, with the interest being compounded every six months. Sam does not plan to make any additional deposits or withdrawals.
Question 1 [a] [Explanation]
How much will Sam's account balance be after a duration of ten years? This question investigates the projected total amount in Sam's account, considering a span of a decade. It implies the application of concepts related to financial growth or interest accumulation over time.
Video Solution by an IB Examiner - Coming soon
Question 1 [b] [Explanation]
David has deposited $1700 in a savings account that offers a yearly compound interest rate of (r%). He will not make any additional deposits or withdrawals. To determine the interest rate (r) that will ensure David's account balance equals Sam's after 10 years, calculate the necessary (r).
Video Solution by an IB Examiner
Question 1 [c] [Explanation]
Determine the total interest that will accumulate in David's account over a period of 10 years. Consider how the interest will compound annually and calculate the future value of his initial investment. Focus on the application of the compound interest formula and ensure all relevant variables such as the principal amount, the rate of interest, and the time period are clearly considered in your calculations.
Video Solution by an IB Examiner
