Finite Math Practice Exam Aubuchon 1. Solve the system of equations: x 2y 1 3 x 2 y 11 Solution: (3, 1) 2. Solve the system of equations: x 3y 0 4x 12 y 4 Solution: There is no solution to this system. 3. Determine the value of k for which the system of the linear equations 3x 4 y 12 has infinitely many solutions. Then find all solutions x ky 4 corresponding to this value of k. Solution: For there to be infinitely many solutions, both lines represented by the equations must be the same. This can only happen if k 4/ 3 . In this case the solution can be represented as 3 y x 3, 4 x is free 4. Four large cheeseburgers and two chocolate shakes cost a total of $7.90. Two shakes cost $0.15 more than one cheeseburger. What is the cost of a cheeseburger? A shake? Solution: Let x = the cost of a cheeseburger, and y = the cost of a shake, both measured in $. Then we have the following system to solve: 4x 2 y 7.90 x 2 y .15 The solution is: A cheeseburger costs $1.55 and a shake costs $.85. 5. Solve the following system of equations using the Gauss-Jordan elimination method. x 2y z 7 x y 2 z 8 2 x 5 y 11 Solution: The solution is (3,1, 2) . 6. Tracy has $20,000 to invest. As her financial planner, you recommend that she diversify into three investments: Treasury bills that yield 5% simple interest, Treasury bonds that yield 7% simple interest, and corporate bonds that yield 10% simple interest. Tracy wishes to earn $1390 per year in income. She also wants her investment in Treasury bills to be $3000 more than her investment in corporate bonds. How much money should she place in each investment? Solution: Let x = the amount invested in Treasury bills, y = the amount invested in Treasury bonds, and z = the amount invested in corporate bonds. Then we have the following system to solve: x y z 20000 .05 x .07 y .10 z 1390 x z 3000 The solution is: (8000, 7000,5000) So $8000 should be invested in Treasury bills, $7000 invested in Treasury bonds, and $5000 in corporate bonds. 7. Solve the following system of equations using the Gauss-Jordan elimination method. x 2y z 7 2x 5 y z 3 Solution: The original augmented matrix reduces to 1 0 3 29 0 1 1 11 This corresponds to the following solution: x 29 3z y 11 z z is free 8. Given the following augmented matrix for a system of linear equations, find the solution to the system if it exists. 1 0 0 0 1 3 0 0 1 1 4 2 Solution: Finishing up the row-reduction yields the matrix 1 0 0 1 0 1 0 2 0 0 1 2 So the solution is (1, 2, 2) . 9. The management of Hartman Rent-A-Car has allocated $1080,000 to purchase 60 new automobiles to add to their existing fleet of rental cars. The company will choose from compact (x), mid-sized (y), and full-sized (z) cars costing $10,000, $16,000, and $22,000 each, respectively. Find formulas giving the options available to the company. Then find 3 specific options for the company. Solution: Let x = the number of compact cars purchased, y = the number of midsized cars purchased, and z = the number of full-sized cars purchased. Then we have the following system to solve: x y z 60 10000 x 16000 y 22000 z 1080000 Row-reducing the augmented matrix from this system yields 1 0 1 20 0 1 2 80 The corresponding system can be written as the desired formulas: x 20 z y 80 2 z Here are three specific options: (0, 40, 20), z is free (sort of) (10, 20,30), 4 3 4 w 10. Perform the indicated operation(s): 6 4 x y 10 0 z 0 w 3 8 Solution: x 6 y 4 z 10 0 (20, 0, 40) 0 x x 2 0 3 5 11. Given 3 2 y 3 1 x 12 , find ( x, y, z ) . 0 8 z 0 8 4 Solution: x = 3, y = 12, z = 4. 1 5 4 5 1 4 4 , C 3 4 4 , and D 2 3 . 12. Let A , B 0 3 2 4 3 4 1 5 5 2 Find 2A C , D 2 , and AB . 11 6 2 2 8 15 11 42 Solution: 2 A C , D , AB 8 5 8 20 3 25 14 13. Tom and Kathy’s stock holdings are given by the matrix BAC GM IBM TRW A 200 100 300 100 200 T . At the close of trading on a certain day, the 200 400 0 K BAC 50 GM 41 prices (in dollars per share) of the stocks are given by the matrix B . IBM 90 TRW 82 Find the matrix AB, and state what it represents. 47700 Solution: The matrix AB , and it represents the total value of Tom and 49200 Kathy’s stock holdings. 14. Solve the system of linear equations by using the inverse of the coefficient matrix. 2z 2 x 3 15. x 2 y 3z 2 2 x y 3 2 Solution: The inverse of the coefficient matrix is A 3 2 1 1 2 Multiplying this inverse by the right hand side matrix B 3 / 2 2 1 1 solution X A B 1 . Hence the solution is (1, 1, 0.5) . 1/ 2 1 4 5 . 2 yields the