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Final Term Exam Introduction To Maths Spring 2021 IUGC
Final Term Exam Introduction To Maths Spring 2021 IUGC
a) Determine the equation of line in the form q=f(p) .Also plot the function . 2)
b) What is the maximum price? (1)
c) What is the maximum demand? (1)
d) Identify and interpret the slope. (1)
e) Find quantity when price is 10. (1)
f) Find price when quantity is 15. (1)
3x+y–z=-4
x+y–2z=-4
-x + 2 y – z = 1
Q 5 : An enterprising college students has decided to purchase a local car wash business. (5)
The purchase cost is $ 250,000. Car washes will be priced at $ 10 , and variable
Cost per car including labour,soap , electricity ,etc is expected to equal to
$ 3. How many cars must be washed in order to achieve breakeven?
Q 6: The board of regents of a southern state region is planning the future college-level (5)
Needs for state .They have observed that the number of students attending state-
Operated schools/junior colleges, 4 –year schools, and the state university has been
Increased by 9% percent per compounded annually. There are currently 90,000
Students enrolled in the various state governing schools. Assuming continued growth
‘at the same rate , How long it will it will take for enrollments to surpass 25,000
Students?
Q 7: A bank loans a family $90,000 at 5 % annual interest rate for car financing. (5)
Family agrees to pay off loan by making monthly payments over 15 years period .
How much should the monthly payment be in order to pay off debt within the desire
Period ?
Q 8: A person pays $ , 1000,000 for a new house . A down payment of $ 350 , 000 leaves a (6)
Mortgage of $ 650,000 with interest computed 10 % per year compounded monthly .