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Practice Exam 7 - 9
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1
Write <a onClick="window.open('/olcweb/cgi/pluginpop.cgi?it=png::::/sites/dl/free/0070780846/506629/789_1_1.png','popWin', 'width=NaN,height=NaN,resizable,scrollbars');" href="#"><img valign="absmiddle" height="16" width="16" border="0" src="/olcweb/styles/shared/linkicons/image.gif"> (0.0K)</a>as a single power using positive exponents only:
A)1/y4
B)1/y22
C)y7
D)y8
2
Rewrite 643x+1 as a single power with 2 as a base.
A)218x+6
B)23x-5
C)23x+7
D)(26)3x+1
3
The following table shows the number of bacteria in an experiment:
<a onClick="window.open('/olcweb/cgi/pluginpop.cgi?it=jpg::::/sites/dl/free/0070780846/506629/FFCM11_PracticeExam789_question3.jpg','popWin', 'width=NaN,height=NaN,resizable,scrollbars');" href="#"><img valign="absmiddle" height="16" width="16" border="0" src="/olcweb/styles/shared/linkicons/image.gif"> (50.0K)</a>
If the exponential trend continues, how many bacteria will be in the dish in 6 hours?
A)2531
B)10 757
C)15 059
D)21 083
4
Which of the following could be the equation of the graph shown:
<a onClick="window.open('/olcweb/cgi/pluginpop.cgi?it=jpg::::/sites/dl/free/0070780846/506629/FFCM11_PracticeExam789_question4.jpg','popWin', 'width=NaN,height=NaN,resizable,scrollbars');" href="#"><img valign="absmiddle" height="16" width="16" border="0" src="/olcweb/styles/shared/linkicons/image.gif"> (73.0K)</a>
A)y =4x
B)y = (1/4)x
C)y = 5x
D)y = (1/5)x
5
The number of people who are fans of the group Delixious doubles every three weeks. If Delixious currently has 4 fans, how many fans will they have a year from now?
A)200 056
B)347 902
C)510 442
D)660 561
6
Find the value of $5400 invested for 10 years at 7.15% compounded semi-annually.
A)$11 015.21
B)$10 969.12
C)$10 901.66
D)$10 772.48
7
Amit’s parents want to deposit enough money today so Amit will have $50 000 for college in fifteen years. If they can get an account paying 4.5% per year compounded quarterly, how much do they have to deposit today?
A)$25 489.98
B)$25 553.94
C)$25 649.00
D)$25 836.02
8
What interest rate, compounded annually, will double an investment in twenty years?
A)3.53%
B)3.87%
C)4.02%
D)4.25%
9
Duquon has a $300 loan due in a year. His creditor is willing to let him pay it off now at an interest rate of 12% compounded monthly. How much will Duquon have to pay?
A)$266.23
B)$266.55
C)$267.00
D)$267.86
10
Winston wants to invest $5000 he recently received from an inheritance. How much more will his investment be worth in 10 years if he invests it at 5% compounded daily rather than 5% compounded annually?
A)$8243.32
B)$8144.47
C)$98.85
D)$84.68
11
Orville has $709 in a savings account that pays 2.9% interest per year compounded daily. How much interest will he earn in a month of 30 days?
A)$1.69
B)$1.75
C)$3.39
D)$17.67
12
Astrid starts an RRSP at age 29, depositing $250 every month into an account paying 5.1% compounded monthly. How much will the RRSP have when she retires at age 65?
A)$300 554.04
B)$304 877.56
C)$307 121.84
D)$308 650.06
13
Gary has a choice between four chequing accounts at his local bank:
Option A: charges $8.95/month for the first 10 transactions and 25 cents/transaction after that
Option B: charges $10.95/month for the first 12 transactions and 10 cents/transaction after that
Option C: charges $15.95/month for the first 20 transactions and 9 cents/transaction after that
Option D: charges $18.95/month for unlimited transactions
If Gary gets paid every week by direct deposit and makes an average of 5 payments by debit card per week, which plan is the best for him?
A)Option A
B)Option B
C)Option C
D)Option D
14
Given the following data about a particular model of car with a sticker value of $19 499:
<a onClick="window.open('/olcweb/cgi/pluginpop.cgi?it=jpg::::/sites/dl/free/0070780846/506629/PracticeExam789_question14.jpg','popWin', 'width=NaN,height=NaN,resizable,scrollbars');" href="#"><img valign="absmiddle" height="16" width="16" border="0" src="/olcweb/styles/shared/linkicons/image.gif"> (44.0K)</a>
Calculate the depreciation after 5 years as a percent of the new vehicle price.
A)24%
B)17%
C)12%
D)8%
15
Maureen’s car, under normal city driving conditions, has a fuel efficiency of 15.2L/100 km. If Maureen’s car has a 50 L gas-tank, approximately how far can she drive on one tank of gas?
A)329 km
B)286 km
C)14 km
D)7.6 km







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