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Material Type: Exam; Professor: Buskirk; Class: Mathematics with Applications; Subject: MAT Mathematics; University: Eastern Kentucky University; Term: Spring 2006;
Typology: Exams
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This exam contains 13 questions worth 100 points.
Name (print): Student Number:
No work is required. Indicate the answer to a multiple choice question by clearly circling the letter corresponding to the closest answer. Erase corrections completely.
B. the same interest as the first 5 years C. more interest than the first 5 years (b) The CD will earn more interest if A. interest is compounded monthly. B. it doesn’t matter which compounding. C. interest is not compounded. D. interest is compounded daily
C. log 25,000 = log (1 + 0. 0625 · 18)^12 ·^18 D. 25 ,000 = P (1 + 0. 0625 · 18) E. 25 ,000 = P
F. None of the above.
Show work on each problem, unless otherwise indicated. No credit will be given for an answer with no work. Some- times appropriate work includes explaining briefly in good English. Partial credit will be given for work that is part of a correct solution. Report the answer to a word problem using a brief, complete English sentence with units. Work in the space provided.
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