Numeracy Higher June 2025 Unit 2 Q3
3. Bethan bought a house in January 2000 for £30 000.
In the first 10 years, her house increased in value each year by 6% of its previous year’s value.
In the following 15 years, her house increased in value each year by 11% of its previous year’s value.
Calculate the value of Bethan’s house in January 2025. [3]
| Scheme | Mark | Comments |
|---|---|---|
| 30 000 × \(1.06^{10}\) × \(1.11^{15}\) | M2 | May be seen in stages M1 for appropriate sight of × \(1.06^{10}\) or × \(1.11^{15}\) ‘Year by year’ methods must convincingly show intention to multiply by 1.06 or 1.11 (or equivalent) each year for the correct number of years, allowing rounding or truncation to a pound each year |
| Answer in the range (£) 257 050 to (£) 257 055 | A1 | Accept (£) 257 000 or (£) 257 100 provided not from incorrect working Mark final answer |