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08 Ext 4

The document discusses several mathematical concepts: 1) Calculating the value of e by evaluating the first twelve terms of its power series definition. 2) Investigating the value of an investment that earns 100% annual interest when the interest is compounded n times per year, showing the total approaches e as n increases. 3) Investigating the value of a continued fraction as the number of terms increases without bound.

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35 views

08 Ext 4

The document discusses several mathematical concepts: 1) Calculating the value of e by evaluating the first twelve terms of its power series definition. 2) Investigating the value of an investment that earns 100% annual interest when the interest is compounded n times per year, showing the total approaches e as n increases. 3) Investigating the value of a continued fraction as the number of terms increases without bound.

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api-3706821
Copyright
© Attribution Non-Commercial (BY-NC)
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Download as PDF, TXT or read online on Scribd
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4 The functions e x and ln x

Ext4

Extension 1 Using a spreadsheet, or otherwise, find an approximate value of e by evaluating


Exercise 4 the first twelve terms of the series
1 1 1
e ˆ 1‡ ‡ ‡ ‡ 
1! 2! 3!

2 A generous banker offers a rate of interest of 100% per annum. An investor


deposits £1 for a year, so, at the end of the year the investment is worth £2.
The banker now decides to calculate the interest twice yearly, i.e. every 6 months,
2
so that the investment of £1 will be worth, at the end of the year, £ 1 ‡ 12 .
a Work out the value, at the end of the year, of £1 invested, when the interest
is calculated regularly 2, 3, 4, 5 and 6 times a year. Show that when the
interest is paid at n regular intervals throughout the year, the total sum at
the end of the year will be
 n
1
£ 1‡
n  n
1
b Investigate the value of 1 ‡ as n ! 1.
n

3 Investigate the value of this continued fraction.

2‡ 1
1
1 ‡ 2‡ 2
3‡ 3
4‡ 4
5 ‡ 5

4 a Using a spreadsheet or otherwise, find the gradient of y ˆ 2x at the point (0, 1).
Use the method given on pages 90±91.
b Repeat part a for y ˆ 3x .
c By trying different values of a in y ˆ ax , find the value of a for which the
gradient of y ˆ ax is 1 at (0, 1).

A2 Core for Edexcel # Pearson Education Ltd. 2005 1

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