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Math 1324 Final Examination

This 3-sentence summary provides the essential information about the 28-question mathematics final examination document: The document describes a final exam for a MATH 1324 course that consists of 28 multiple-choice questions covering topics such as solving systems of equations, linear programming, probability, and financial mathematics. Students are instructed to show all work for problems 23 through 28 in order to receive full credit. The exam is closed-book and students should turn in the completed exam and any work pages upon finishing.
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100% found this document useful (1 vote)
641 views7 pages

Math 1324 Final Examination

This 3-sentence summary provides the essential information about the 28-question mathematics final examination document: The document describes a final exam for a MATH 1324 course that consists of 28 multiple-choice questions covering topics such as solving systems of equations, linear programming, probability, and financial mathematics. Students are instructed to show all work for problems 23 through 28 in order to receive full credit. The exam is closed-book and students should turn in the completed exam and any work pages upon finishing.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 7

Mathematics Department

MATH 1324 - Final Examination

INSTRUCTIONS:
This examination consists of 28 questions. lease show all your work on separate sheets of paper.
Upon completion of the examination, turn in the exam, and your work on separate paper.

It’s important that you show all your work for problems 23 - 28 to receive full credit .
_________________________________________________________________________________________
2 2 4 6
1
1) Given 1 1 2 3 , replace R 3 by R1 + R 2
2
0 1 0 4

1 1 2 3 2 2 4 6 1 1 2 3 2 2 4 6
A) 0 1 0 3 B) 0 1 0 4 C) 2 0 0 6 D) 1 1 2 3
2 0 0 6 3 1 2 9 0 1 0 4 2 0 0 6

3x + y =
2) Solve the linear system . The y value of the solution is ____.
4x y = 9

A) 4 B) 17
C) infinitely many solutions D) no solution

1 3 0 4
3) Let A = and B = . Find 4A + B.
2 4 1 6

4 16 4 7 4 28
A) B) C) D)
1 10 7 10 4 40

3 0
1 3
4) Given A = and B = 1 , find AB.
4 0 5
0 5
A) AB is not defined. B) AB =

C) AB = D) AB =

Page 1 of 6
Math 1324 Final Exam
5) The reduced row echelon form of the augmented matrix of a system of equations is given.

Which of the following best describes the solutions of the system?


A) No solution
B)
C) (13 3w, 9, 4 + 2w, w) for any real number w
D) (13 + 3w, 9, 4 2w, w) for any real number w

6) At a local grocery store the demand for ground beef is approximately 50 pounds per week when the
price per pound is $4, but is only 40 pounds per week when the price rises to $5.50 per pound.
Assuming a linear relationship between the demand x and the price per pound p, express the price
as a function of demand.
Use this model to predict the demand if the price rises to $5.80 per pound.
A) p = 0.15x + 11.5; 38 pounds B) p = 11.5x 0.15; 40 pounds
C) p = 0.15x 11.5; 40 pounds D) p = 0.15x + 11.5; 38 pounds

7) A $124,000 trust is to be invested in bonds paying 9%, CDs paying 8%, and mortgages paying 10%.
The sum of the amount invested in bonds and the amount invested in CDs must equal the mortgage
investment. To earn an $11,400 annual income from the investments, how much should the bank
invest in each?
Let x represent the amount invested in bonds,
y the amount invested in CDs, and
z the amount invested in mortgages.
Identify the system of equations used to model the problem.
DO NOT SOLVE THIS SYSTEM.
A) x + y z = 0 B) x + y z = 0
x + y + z = 124,000 x + y + z = 124,000
0.09x + 0.08y + 0.1z = 11,400 9x + 8y + z = 11,400
C) x + y + z = 0 D) x + y z = 11,400
x + y 9z = 124,000 x y + 9z = 22
0.1x + 0.08y 0.09z = 11,400 8x + y + z = 124,000

Page 2 of 6
Math 1324 Final Exam
1 3
8) Write log p q as a sum or difference of logarithms.
2 32
Simplify each term as much as possible.
3
A) log p + log q B) log p + log q
2 2 5 2 d2
1
C) + 3log p + log q D) + 3log p + log q
5 2 2 2 2

9) Maximize z = x1 + 2x2
subject to: x1 + x2 20
3x1 + 2x2 40
2x1 + 3x2 60
x1 0, x2 > 0

Introduce slack variables as necessary and write the initial simplex tableau for the problem.
Do not solve the linear programming problem.

A) x1 x2 s1 s2 s3 z B) x1 x2 s1 s2 s3 z
1 1 1 0 0 0 40 1 1 1 0 0 0 40
3 2 0 1 0 0 20 3 2 0 1 0 0 20
2 3 0 0 1 0 60 2 3 0 0 1 0 60
1 2 0 0 0 1 0 1 2 0 0 0 1 0

C) x1 x 2 s1 s2 s3 z D) x1 x2 s1 s2 s3 z
1 1 1 0 0 0 20 1 1 1 0 0 0 20
3 2 0 1 0 0 40 3 2 0 1 0 0 40
2 3 0 0 1 0 60 2 3 0 0 1 0 60
1 2 0 0 0 1 0 1 2 0 0 0 1 0

10) Find the price a purchaser should be willing to pay for the given bond.
Assume that the coupon interest is paid twice a year.
$35,000 bond with coupon rate 7% that matures in 17 years; current interest rate is 3%.
A) $53,537.21 B) $54,762.21 C) $22,322.09 D) $21,097.09

Page 3 of 6
Math 1324 Final Exam
11) In order to purchase a home, a family borrows $114,000 at 2.5% for 30 yr.
Find the monthly house payment necessary to amortize the following loan.
Round the their monthly payment to the nearest cent.
A) $3923.94 B) $450.44 C) $237.53 D) $926.13

12) Find the payment that should be used for the annuity due whose future value is given. Assume that
the compounding period is the same as the payment period.
$44,000; monthly payments for 14 years; interest rate 8.8%.
A) $132.76 B) $72.83 C) $397.53 D) $134.14

13) A summer camp wants to hire counselors and aides to fill its staffing needs at minimum cost. The
average monthly salary of a counselor is $2400 and the average monthly salary of an aide is $1100.
The camp can accommodate up to 45 staff members and needs at least 30 to run properly. They
must have at least 10 aides, and may have up to 3 aides for every 2 counselors.
How many counselors and how many aides should the camp hire to minimize cost?
A) 18 counselors and 12 aides B) 27 counselors and 18 aides
C) 12 counselors and 18 aides D) 35 counselors and 10 aides

14) License plates are made using 3 letters followed by 3 digits.


How many plates can be made if repetition of letters and digits is allowed?
A) 308,915,776
B) 175,760
C) 1,000,000
D) 17,576,000
E) 1,757,600

15) How many ways can a committee of 4 be selected from a club with 12 members?
A) 248 B) 11,880 C) 495 D) 24

16) Three cards are drawn without replacement from an ordinary deck.
Find the probability that the third card is a heart, given that the first two cards were hearts.
1 1 11 6
A) B) C) D)
6 5 50 25

Page 4 of 6
Math 1324 Final Exam
17) At the Stop 'n Go tune-up and brake shop, the manager has found that an SUV will require a
tune-up with a probability of 0.6, a brake job with a probability of 0.1 and both with a probability
of 0.02.
What is the probability that an SUV requires a tune-up but not a brake job?
A) 0.58 B) 0.02 C) 0.7 D) 0.68

18) A car agency has found daily demand to be as shown in the table.

Number of customers 7 8 9 10 11
Probability 0.10 0.20 0.40 0.20 0.10

Find the expected number of customers; i.e., find the expected value.
A) 10 B) 12 C) 9 D) 2

19) Let U = {q, r, s, t, u, v, w, x, y, z},


A = {q, s, u, w, y}, B = {q, s, y, z}, and C = {v, w, x, y, z}.
Find A (B C).

A) {q, s, u, w, y, z} B) {q, y, z} C) {q, w, y} D) {q, r, w, y, z}

20) Let U = {q, r, s, t, u, v, w, x, y, z},


A = {q, s, u, w, y}, B = {q, s, y, z}, and C = {v, w, x, y, z}.
Find C' A' .
A) {q, s, u, v, w, x, y, z} B) {r, t}
C) {w, y} D) {q, r, s, t, u, v, x, z}

21) Assume that two marbles are drawn without replacement from a box with 1 blue, 3 white, 2 green,
and 2 red marbles.
Find of the second marble being blue, given that the first marble is white.
1 3 3 1
A) B) C) D)
7 8 7 8

22) A die is rolled five times and the number of fours that come up is tallied.
Find the probability of getting exactly two fours.
A) 0.161 B) 0.216 C) 0.116 D) 0.002

Page 5 of 6
Math 1324 Final Exam
_________________________________________________________________________________________

Free Response section. You must show all your work for this section.

A solution is not considered to be correct unless it is accompanied by complete and


correct supporting work.

23) Solve the linear system using Gauss-Jordan elimination.


x+ y + z = 5
x y + 2z = 13
2x + y + z = 8

24) Solve the equation 3(10 x ) = 81 .

25) Solve the equation log(4 + x) log(x ) = log 4 .

26) Maximize z = 8x + 12y


subject to: 40x + 80y 560
6x + 8y 72
x 0
y 0
Use graphical methods to solve the linear programming problem. Sketch the feasible region
(identifying corner points) and identify the optimal solution.

5 6
27) Find the inverse of .
4 5

28) For the given simplex tableau, pivot only once about the circled element and write the solution
from that result.

Again, pivot only once and read the solution obtained from that result -- do not completely solve
the linear programming problem.

Page 6 of 6
Answer Key
Testname: MATH_1324_FINAL_EXAMINATION

1) D
2) B
3) D
4) B
5) C
6) D
7) A
8) D
9) C
10) A
11) B
12) A
13) C
14) D
15) C
16) C
17) A
18) C
19) A
20) B
21) A
22) A
23) (3, -2, 4)
24) 3
25) 8
26) Maximum of 100 when x = 8 and y = 3
27)
5 -6
-4 5
28) x3 = 5, x2 = -7, z = -10; x1, s1, s2 = 0

Page 7 of 6

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