IOE_2B201-F07-Sample_2BMidterm_1_

IOE_2B201-F07-Sample_2BMidterm_1_ - IOE 201 Fall 2006...

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IOE 201 Fall 2006 - Page 1 of 8 - Midterm Exam September 27, 2006 Name: ________________________________________________ UMID:_________________ Please note that there are 6 problems on this exam, for a total of 100 points. Point values are indicated next to each problem – please take these into consideration as you budget your time during the exam. If you are having difficulty with a question, sometimes it is beneficial to work on another question, and then come back. You must show your work in order to receive full credit. Clearly identify your final answers (with a box, etc.) This is a closed book, closed notes exam; you are permitted to use the following in the exam: One sheet of single-sided, self made notes Calculator Pens, pencil, erasers, etc. You are obligated to comply with the Honor Code of the College of Engineering. You are not allowed to receive or give aid on this examination; in particular, you are not allowed to discuss this exam with anyone who may be taking it at a later date. After you have completed the examination, please write the following Honor Pledge: “I have neither given nor received aid on this examination,” and sign your name below. Instructors are not required to grade tests in which the signed Honor Pledge does not appear. Signature: ______________________________________________________________
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IOE 201 Fall 2006 - Page 2 of 8 - Point Summary Question Points Out of 1 15 2 10 3 15 4 20 5 20 6 20 TOTAL 100
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IOE 201 Fall 2006 - Page 3 of 8 - Question 1 (15 points) A bank has a quarterly interest rate of 2%. a) What is the bank’s effective annual interest rate?
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This note was uploaded on 11/14/2009 for the course IOE 201 taught by Professor Maull during the Winter '07 term at University of Michigan.

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IOE_2B201-F07-Sample_2BMidterm_1_ - IOE 201 Fall 2006...

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