'2( \ 5 . s: ::J x . . Y~l'bbl o C(J l )-:: ';) x ~ ' t-l D e . c ~)- : = > s ~ 2) A c ompany make s and s e lls pi ng pong paddle s . Eac h paddle c os ts $2 to produc e and s e lls for $5. The c ompany has fi x e d dai ly c os ts of $210. How many paddle s mus t be made and s old dai ly to bre ak- e ve n? ~ b) 42 c ) 105 d) 350 ~ f) none ofthe s e . - - - 30 2 c ) q = - - p +5 0 3 b) 1) The de mand for the c olle ge ne ws pape r i s 50 c opi e s i f the publi s he r gi ve s the maway for fre e , but the de mand de c re as e s by 30 c opi e s i f the pri c e i s 20 c e nts pe r c opy. What i s the li ne ar de mand e quati on that mode ls thi s s i tuati on whe re q re pre s e nts the numbe r of c opi e s de mande d and p re pre s e nts the pri c e of a c opy i n c e nts ? 3 a) q=--p-50 2 2 1 00 d) q=--p-- 3 3 Di re c ti ons : Se le c t the be s t ans we r for e ac h que s ti on and re c ord your ans we r on both the ops c an and the te s t. The ops c an wi ll not be re turne d to you. Your te s t c opy wi ll be your re c ord of whi c h ans we rs you s e le c te d; howe ve r, your answers on the opscan wi ll be the answersthat I grade. Good luc k and ple as e as k i f you have any que s ti ons . Approx i mate ans we rs have be e n rounde d to the numbe r of plac e s gi ve n i n the ans we r c hoi c e s . I nc orre c tly c omple ti ng the above i ns truc ti ons wi ll re s ult i n up to a 4 poi nt de duc ti on fromyour grade . On the ops c an, i nput your UllD, pri nt las t name and i ni ti als of your fi rs t name , the n fi ll i n the c orre s pondi ng dots . On your te s t, pri nt your full name and gi ve your s e at numbe r . . Whe n you are fi ni s he d, I ts ve ry i mportant that you put your ans we rs {the ops c an}i n appropri ate ly labe le d e nve lope at the Front of the c las s . The one Labe le d 8- for the Gre e n Te s t. Your te s t que s ti ons c an be take n wi th you. Che c k re ggi e ne t for your grade and for the e x am Ke y. I ns truc ti ons : Se at(~2) __ Name---~- _ . ,. ~~ _ Math 120 - Ex am 1 - Form B P runty- s pri ng 2014 p. J - ( ~5 -i ol)) Cf ~ IY\ -I- ~ - . - - J V s: o . ' c - i s )- YI- ' ~ 1 1 (\ "i - _ VV\. / s : C{ b-;? : ------- h~ - , . . , - (l. J , i) . . + 2 0-) +s - i Whi c h of the be low s tate me nts are true ? i ) The mi s s i ng value i n the table i s -1 80. i v) The y- i nte rc e pt i s 275 . . _. . - i i ) The mi s s i ng value i n the table i s -1 88. v) The y- i nte rc e pt i s -225 . i i i ) The mi s s i ng value i n the table i s -1 72. - - . J 1i ) The y- i nte rc e pt i s -2~ a) i and i v b) i and v c ) i i and v ~'\ e ) i i i and i v f) i i i and vi g) none of the s e ~ - 160 ? - 200 f(x ) 75 40 25 x 5} A table of value s for a linear func ti on i s 9 : . : _i v. : : _e '. . '. . _n ~be : . '. 1. - : . . ow~ : . _- - - - - - - - - - - i t 4) A c ompany produc e s radi os whi c h i t s e lls for $33 e ac h. The re are fi x e d c os ts of $27,000 e ac h month and margi nal c os ts of $15 pe r radi o. How many radi os mus t be produc e d and s old pe r month to make a profi t of $1 8,000? --_ :. _ _ _ a~ b) 600 ~ d) 3000 e ) 351, 000 f lo(. ) ;:::- I ~c : > oo X; '"': (/>6l) ::;:! /(Cy_ J - U;X) ,, -7-- 7uo~ = ]3x - - , ( {6 ~ + ' l 7~-. J ) ( <(Du. : > : =- l '6-X ~ L J _ ~ 00 f L ? < . ) :::::: 1 ~~ - L I o\J O f ~ t . t Yo) -3~ . '}. --:. . . 5 0 3) J ane lle owns and ope rate s a s tore that provi de s pe di c ure s . The we e kly de mand q for pe di c ure s i s q = - l. 75 p + 120 whe re p i s the pri c e of a pe di c ure (i n $). She i s wi lli ng to s upply q = 2p - 30 pe di c ure s pe r we e k at a pri c e of p dollars pe r pe di c ure . Fi nd the numbe r of pe di c ure s J ane lle wi ll do pe r we e k whe n the marke t i s i n e qui li bri um. a) 40 b) 18 c ) 80 d} 22 % e ) 24 @ g) none of the s e LI Whi c h s tate me nt be low i s true ? ti '" ~O) = 31. 25 and that me ans that at 31. 25 months of age approx i mate ly 40 % of c hi ldre n c an s pe ak i n s e nte nc e s . 1@, P (40) = 9 7 and that me ans that. at 40 months of age approx i mate ly 9 7% of c hi ldre n c an s pe ak i n s e nte nc e s . ~( 40) ~97 and that me ans that at 97months of age approx i mate ly 40 % of c hi ldre n c an s pe ak i n s e nte nc e s . ~(40) = 31. 25 and that me ans that at 40 months of age approx i mate ly 31. 25 % of c hi ldre n c an s pe ak i n s e nte nc e s . ~one are true f-;;< j D ff' a' " h f()J 'l>) e x 1 1 _ ;t - - 1 2 3 4 5 6 7 8 1 0 ~1 9 o' I P (t) I ~ - - - - - 0 ~ v- / 0 ~~ , _ 0 L 0 / v 0 I I 0 I o~- 1 0 - 0 ~/ I t " - w 41 43 ~ 3 1 3 2 3 3 3 4 3 5 36 37 3 8 39 40 42 44 45 7) The graph be low gi ve s the pe rc e ntage of c hi ldre n P (t) who c an s pe ak i n s e nte nc e s (5 or more words ) by the age oft months . Fi nd t s uc h that P(j ) = 6. Whi c h s tate me nt be low gi ve s the c orre c t i nte rpre tati on of the s oluti on that you found? - - - a) The c ompany's profi t was $3 mi lli on i n 2001. Ca : ;- 1 . . . - f: . , , . . . . 8 b) The c ompany's profi t was $4mi lli on i n 2001. c ) The c ompany's profi t was i nc re as i ng by $4 mi lli on per ye ar i n 2001. ~Th e c ompany's pro~t was $6 m~ll~on !n 2002. ~ The c ompany's profi t was $6 mi lli on m 2004. f) The c ompany's profi t was $6 mi lli on i n 2002 and 2004. g) None of the s e s tate me nts i s the c orre c t i nte rpre tati on of the s oluti on of the proble m. 6) The annual profi t P (i n mi lli ons of $) for a parti c ular c ompany i n ye ar t i s mode ' by the followi ng func ti on, whe re /= Oc orre s ponds to19 9 5. fLf) ~ . ~ P (t )={ ~~~8 ~~~::~0 - ~ : ;~:)) ~: c ? ~2, p\f ~ (B {) DOU 1 0) How muc h doe s one ne e d to i nve s t now at an annual i nte re s t rate of 3% , c ompounde d quarte rly, i n orde r to have $150, 000 i n 18ye ars ? ~~ b) $88, 109 . 19 c )$ 76, 550. 75 d) $56, 750. 9 5 e ) $45, 550. 35 ~ 72 - Ca N' f' DL r-~ / 1 5 vD. ), )1( I r ~ ) tv= ';'If 'es7/5 t 6J . ~~ C- - : : : L i - i s s J . s /- l" 5 x t '2- - - ("5 (YI . Y\, bs ~ <J )v ~ 2) foo '("". : ; ; . o. I '2- 9 ) Aaron borrows $2400 at 12 % s ~ ye ar. He wi ll re pay a total of $2760 whe n the loan be c ome s due . What i s the le ngth of the loan? ~ a) 1. 25 months b) 16 months c ) 12. 5 months ~ths ) e ) 14 months \) : ;. (VL - + 6 o /2. . 41 4 ~+ uC, . - s ? s . 3 "' x - ;? 30 c ) 76. 2 ye ars f) 75. 3 ye ars ~- - ~ a) 75. 6 ye ars d) 79 . 1 ye ar 8) The followi ng table gi ve s the li fe e x pe c tanc y at bi rth for fe male s born i n the Uni te d State s i n s e le c te d ye ars . Us e a li ne of be s t fi t to e s ti mate the li fe e x pe c tanc y for a fe male born i n the U. S. i n 1'9 70. 1 o 2. 1 :> v 6V, ,;:::)(:;::;:. . v r ~ ;;-tL - Bi rth Ye ar 19 40 19 60 19 80 19 9 6 Li fe Ex pe c tanc y (i n ye ars ) 65. 2 73. 1 77. 4 79 . 1 -::: ~ Sc I\ J L r r- y V\ = "' g l : : : o- oG- pmt- ;:;- z. . u00 ) f V -:;;: z . _ ov> C I . o<. I t_ I J . D~ - fw" T c ) ( ;v) 4 ::S t-::= ' ~ 13) Makayla de pos i ts $2000 at the e nd of e ac h ye ar for 8 ye ars i nto an ac c ount e arni ng , 5 % i nte re s t pe r ye ar, c ompounde d annually. She the n le ave s the mone y alone , wi th no furthe r de pos i ts , for an addltlonal 5 ye ars . Fi nd the fi nal amount on i n the ac c ount afte r the e nti re 13 ye ar pe ri od. a) $34, 127~ c ) 42, 303 d) $46, 285 e ) $37, 764 n $28, 480 d) $50, 9 9 8 12) Ki m and J i m borrow $324, 000 to buy a ne w hous e . The y are able to ge t a loan at 4. 8% annual i nte re s t, c ompounde d monthly. How much interest will they end up payi ng i f the y pay off the loan wi th re oular monthly payme nts ove r 30 ye ars ? d) $887 c )$1221 b) $2276 a) $3683 11) Mr. and Mrs . Smi th would li ke to have a total of $50, 000 i n an ac c ount i n 8 ye ars to he lp pay for the i r s on's c ol'le ge e duc ati on. How muc h s hould the y de pos i t e ve ry 6 months i nto the ac c ount e arni ng 4% annual i nte re s t, c ompounde d e ve ry 6 months , i n orde r t o re ac h the i r ~ 16. ) He athe r de pos i ts $1000 i nto an ac c ount e arni ng 6 % % i nte re s t pe r ye ar, c ompounde d quarte rly. She the n adds $400 at the e nd of e ac h quarte r. The value of the ac c ount 3 1 2 ye ars late r i s $7485. How much i nte re s t di d s he e arn? \\ , f"' V B b) $1671 c ) $1502 d) $1703 e ) $2585 I ) none ofthe s e . AfJ ~ rrL AL {S ~A- : : : : flf- (j)v -Q\pfV \b ; ; : 7L{~i; - / OOb-( C/d'>) U' f) ::: ~ 5 ~ ' S - t v: ~6000 - ( r- o. t z . , J r- - ; : . - d . r - : : > . . . c ~ -o. (l. . V \ -:::. . 5. 0 a) $5. 2, 453 b) $46, 400 c ) $53, 806 e ) $5 6,338 f) $51, 247 15) Roland buys a lux ury c ar for $80, 000. Fi nd the value of hi s c ar i n 3 ~ye ars i f the c ar de pre c i ate s at a rate of 1 2 % pe r ye ar. ') (P v 7. (j ) rn + z: :J-s {j :j ::. :-- o. a3 {/ . : - -- "2- h ~e i )(y ). - ; '/tl- i f) $5 6,407 d) $2219 a) $63, 580 b) $21, 082 c ) $1 7,75 4 g) none of the s e 1 4) How muc h s hould be de pos i te d now i nto an ac c ount e arni ng 3 % i nte re s t pe r ye ar, c ompounde d e ve ry 6 months , i n orde r to fund wi thdrawals from the ac c ount i n the amount of $2500 at the e nd of e ac h 6 month pe ri od for the ne x t 4 ye ars ? The account i sto be e mpty aft er the las t wi thdrawal i s made .