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Practice Test 3 with solutions

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Unformatted text preview: Print Test Page 1 of 11 PRINTABLE VERSION Practice Test 3 Question 1 A problem 18 listed below. Identify its type. Mrs. Patel owns a jewelry stor believes the jewelry cleaner ill cost her \$650. -Iow much should she put away in an account that z pays 6% per year compou a) a Future Value with compound interest b) 0 Effective Rate c) C? Simple Interest d) 0 Present Value with compound interest e) (3:? Future Value with simple interest 1) C» None of the above. MW 1‘ was». r: n— a a»; w mwm ms: Question 2 ; Congratulations! You were the 10th caller on the KMTH morning show and you just won \$7,000.00. V‘ After you calm down, you decide to put the money into a bank account so that you will have even 5 more money for a trip to Europe Snurling Bank tells you that they will pay 4% per year i compounded monthly How much money will you have for your trip in 7 years? b) C; \$9,261.60 ﬂhv e’ \I WKN w I - c) G\$9,257.60 ‘WLVSLM—W wwh A: 'P( Hi)" w a) (“A \$9, 256. 60 d) (3 \$9,254.60 e) Q\$9,259.60 . .__. "%66 L \ JV 1) C None of the above. _mmnmm‘mm m” r m“ m Question 3 , Jennifer bought a brand new treadmill on a credit plan at BeFit Exercise Equipment. BeFit will i https://assessment.casa.uh.edu/Assessment/PrintTesthtm . 10/24/2008 Print Test Page 2 of 11 ~ charge her 18% per year compounded monthly. If her monthly payments will be \$200 for 3 years, how much was the onginal price of the treadmill? “"1553414 p“ o-E— 0W\ @ P:- R \ _._L. \‘\' 0 c) 6 \$5,536.14 d) 0 \$5,531.14 e) ®\$5,533.14 2:100 \ _ L \ J? A : .- 12(3) 1) 0 None of the above. \ 2- W m,“ M- mm .x. v “4% MW... W, 1% ,, k A problem 13 listed below. Identlfy its type. _ After graduation in 3 years, Antwone would like to take a much needed vacation to the Caribbean . Islands. He anticipates that the all inclusive vacation package will cost him 33,000. His bank will pay j '7 7% per year compounded semiannually. How much does he need to deposit into this account each 1 semiannual period, so that he can take his vacation in 3 years? i 2) 2:3 Future Value with compound interest 13) (.3 Present Value with compound interest Amortization e) .3 Present Value of an Annuity ipf) f“ None of the above. Questlon 5 Esther pays 3532 per month for 5 years for a car. She made a down payment of 33 700 If the loan f costs 7.1% per year compounded monthly, what was the cash price of the car? I215) 206 \$3448617 :P--1=_55 ‘ _ ( ‘5‘- 3:”..- b) a 326 803.15 c) (.3 \$41,886.17 “'1' \$300 https://assessment.casa.uh.edu/Assessment/PrintTest.htm 10/24/2008 Pn'nt Test Page 3 of 11 C3 \$30,503.15 e) (3 \$23,103.15 1) Ga None of the above. m nuwam- xra: w VmMAmm; .. “a“. mmaaawm u 'v mm... W 1' wammmm A M .u M .... aim Question 6 Given the sets U= 11, 2, 3, 4, 5, 11,12,13,14, 15} A = {5,513,111, 15} {2, 3, 4, 3, 3, 10, 13, B: b) (53: {1, 2, 3, 4,?,8,10,11,12,13,14} c) €15 {1,11,12, 14} d) C, {2,3,41,51,13}, e) C; {1, 2, 3, 4, 5, 6, 8, 9,11,12,13,14,15} f) 3 None of the above. mm» Question 7 up(Ar"1B)c? H 1 '-nake a) c 1, II and 111 https:// assessment. casa.uh.edu/Assessment/PrintTest.htm 10/24/2008 Print Test b) 0 E c) C III and IV (1) C I, II and IV e) a} II t) C None of the above. .ur Mn” Given the following Venn diagram a) (5‘38 https://assessment.casa.uh.edu/Assessment/PrintTest.htm Page 4 of11 Question 8 I Find n[(Br‘1C)°]. . 10/24/2008 ‘0'"! Print Test Page 5 of 11 f) (.5 None of the above. m Question 9 mxmmmmmmWWW—mmmmm A survey of 398 children given at a local elementary school showed t 200 like chocolate ice _ cream 125 like pistachio 1ce cream, and 148 do not like chocolate or pistac ' children like at most one kind of ice cream mentioned 1n the survey? 5 1)» «.1 None ofthe above. “LE-i?) Question 10 ................................................................................................................................................................................................................. WW-WWMWWWMWWWWWMWM-MW-1 : A survey of 500 high .- a 1' s . en s w .. aken to determine their favorite chocolate candy. Of the 500 students surveye. ' ' . - 8 like Twix, 187 like Reese' s Peanut Butter Cupsﬁ like Snickers and TWiX, ‘ 1 1 e' w1x and Reese's Peanut Butter Cups, 104 like Snickers and Reese' s WM 11ke all three kinds of chocolate candy. How many students hke Snickers F but not Twix or Reese's Peanut Butter Cups? a)@114 0);»;152 d) O 111 e) G 155 t) 0 None of the above. ... Wmt’ x . . _«. w.~——. \ 1:81:35. . mu 2 m m .932” mm mm' . .1 —. mm Question 11 ' How many different license plates can be made if each license plate is to consist of 4 letters, followed by 2 digits, and no letters or digits may repeat‘7 https://assessment.casa.uh.edu/Assessment/PrintTest.htm 1 0/24/2008 Print Test Page 6 of 11 b) r 32,292,000 c) 0 32,297,000 d) r 32,291,000 e) r 32,289,000 f) (‘3 None of the above. Question 12 é How many permutations can be formed from all the letters in the word ENGINEERING? ] 3) 3 39,916,800 “\ M. my \_ (3‘. \$21.7, ‘. \l) d) o 144 i e) 6:» 108,900 _ f) C: None of the above. «m m vs» W aw new SW W Question 13 I How many ways can a president, a Vice-president and a secretary be chosen from 10 members of a ; club assuming that one person cannot hold more than one position? a) Q 140 b) (:3 710 c) C“ 730 e) 0 120 f) (‘2 None of the above. Wm .W — mm «mm ~ and 42:14:»: a Question 14 > A coin is tossed 20 times. In how many outcomes do exactly 5 tails occur? https://assessment.casa.uh.edu/Assessment/PrintTest.htm 1 0/24/2008 Print Test Page 7 of 11 206355 c) c“ 120 d) r 100 e) 0 1,860,480 f) 0 None of the above. W m .x. m .MW. W W a m— mm gnaw - Question 15 3 A fast—food restaurant offers 6 different burgers, 5 different side orders, 8 different ﬂavor drinks, and y » 9 different ﬂavors of ice cream. In how many ways can a combo containing 2 burgers, 2 different I 3 sides, 3 different ﬂavor drinks, and 3 ice cream ﬂavors be made? 336 b) 3 705,600 t) (5 None of the above. Question 16 An urn contains 17 red marbles and 15 blue marbles. 12 marbles are chosen. In how many ways can 7 red marbles be chosen? 1,) 019,448 c) <3 58,402,344 d) (3119 e) 0 22,451 https://assessment.casa.uh.edu/Assessment/PrintTesthtm 1 0/24/2008 Print Test f) a None of the above. Page 8 of11 e) @730 Questlon 18 : Given P(A) = .42, P(B) = .36 and P(AnB°) = .17. d) <3 0.27 e) F 0.42 mm. w ‘ my: » .mw 1) 0 None of the above. u» H mm a. LQuestlon 19 .quq .. .. k ; Given P(A)— 17/50 P(B) 67/100, and P(AuB . ' . Wot-m ow- Question 17 _ ' any ways can the fund-raising committee be . . ommittee? https://assessment.casa.uh.edu/Assessment/PrintTesthtm 10/24/2008 Print Test Page 9 of 11 1) (2} None of the above. mWWmmmermmmzmmemWWWmW Questlon 20 _ A campus radio station surv.__ " ' ' - - ' es of musi they like. The survey ' revealed that 198. like roc ~. -' _ .. ' ' . oreoverzgf like rock and country, i may be useful here. a) (5;: 0.400 b) 0.250 d) o 0.504 e) o 0.282 1) C: None of the above. _m mm ﬂaw—Mum Question 21 f A hand of 15 cards 1s dealt from a well- shufﬂed standard 52- card deck of cards. What IS the probability that the hand contains 2 Jacks? j b) 1* 0.258306 c) 0 0.288306 C(Cjzl ‘6) d) 0 0.278306 e) 0 0.308306 1) (3 None of the above. 3.". w_._.-_.- ~»—- A— ., —- _ -_ ._l. m .... ~---- m _. ~ 1» "21a Questlon 22 ; A classroom of children has 16 boys and 20 girls in which ﬁve students are chosen to do https://assessment.casa.uh.edu/Assessment/PrintTest.htm 10/24/2008 PrintTest / 3(0\ PagelOofll NE 4206. chaos ‘5 presentations. What 1s the probab111ty that at least four boys are chose . . {6.0 01.1.5864B _ b) Q 0.378788 0V ('7) B c) <35 0.096554 I Q -. » .1 282234 Question 23 E A fair coin is tossed 28 times. What 1s the probabillty that at most 25 tails occur? b) 0 000000152 c) r 0.99999848 (J (1) C9 0.00001220 e) .2 001001372 1) J None of the above. WWW .._. - a... .2, Question 24 An urn contains 15 White balls and 7 green balls. A sample of seven is selected at random. What 1s the probabllity that the sample contains at least one green ball? a) (32‘ 0.000041 1’) ‘" 0794569 W 0 El c) (.3 0.962268 g : C [Q '+ 2 d) 0 0.999959 \ ‘— . e) 0 0.205431 f) 6 None of the above. .-— L~ «I W cm w L . 4 https://assessment.casa.uh.edu/Assessment/PrintTest.htm 1 0/24/2008 Print Test Page 11 of 11 1“ Question 25 1‘ A classroom of children has 16 boys and 19 girls in which ﬁve students are chosen to do 1,) 1* 0.0135 , C(uo, 339m 93 +C(\b ”43000: 13 e) 230.1065 +C'Cl‘0 1g) f) €59 None of the above. C‘ https://assessment.casa.uh.edu/Assessment/PrintTesthtm 10/24/2008 ...
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