Math 1090.04 Quiz 01 Spring 2013

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Math 1090.04 Quiz 01
Spring 2013
Name
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Student ID Number:
Instruct ions:
• Please remove headphones and hats during the quiz
• Show all work, as partial credit will be given where appropriate. If no
work is shown, there may be no credit given.
• All final answers should be written in the space provided on the quiz and
in simplified form. When needed give your answer as an exact amount,
i.e., a fraction or symbolic expression like e
, except for dollar amounts
2
which should be rounded to the nearest cent.
• Calculators are not allowed on this quiz.
• If your phone is out during the quiz it will be considered a
cheating offense put your phone away!
-
• When you have completed this quiz, place your homework on top of your
quiz and remain quietly at your desk. All homework and quizzes will be
collected together.
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16 January 2013
Quiz 01, Page 3 of 4
MathlO9O.004
3. An investor wants to invest a total of $10,000 in two different accounts. The riskier i0 points]
vestment yields an annual average of 9.5% profit and the safer investment has an annual
yield of 4.5%. How much money should be invested in each account in order to earn at
least $600 profit in a year?
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