Exam FM November 2005
1.
An insurance company earned a simple rate of interest of 8% over the last calendar year based on the following information:
Assets, beginning of year Sales revenue Net investment income Salaries paid Other expenses paid
25,000,000
COURSE 1 MAY 2001
1.
The price of an investment at the end of month n is modeled by pn = nebn where b is a constant. The model predicts that the price at the end of the sixth month is the same as the price at the end of the fifth month.
Determine b .
(A)
May 2003 - Course 1
1.
A survey of a group's viewing habits over the last year revealed the following information:
(i) (ii) (iii) (iv) (v) (vi) (vii)
28% watched gymnastics 29% watched baseball 19% watched soccer 14% watched gymnastics and baseball 12% wa
Course 1 Solutions November 2001 Exams
1.
A For i = 1, 2, let Ri = event that a red ball is drawn form urn i Bi = event that a blue ball is drawn from urn i . Then if x is the number of blue balls in urn 2, 0.44 = Pr[( R1 R2 ) ( B1 B2 )] = Pr[ R1 R2 ] + P
Interest rate is the amount charged by a lender to a borrower for the use of assets. An asset could be
cash, vehicles, buildings, etc. The interest is basically a rental charge to the borrower for the assets use.
For example, in the case of a large asset,
MTH 4500, Homework 2, due 2/16/17
Rados Radoicic
February 6, 2017
You are required to hand in any 14 of the following problems.
The solutions should be clearly written explanations, not just numbers.
Problems from the book:
Chapter 5: 6, 7, 12, 13, 14, 15