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Exam 1

Calculus for Business & Economics, Section 51


Name:

UID No:

Date: Tuesday, March 18, 2008

Score:

/50

1. (5 points) Find all relations specifying a function.


(1) f (3) = 5; f (6) = 5; f (9) = 6; f (12) = 6.
(2) g (3) = 5; g (3) = 6; g (4) = 6; g (4) = 7; g (5) = 8.
(3) h(3) = 0; h(5) = 1; h(7) = 2.
(4) k( 2) = 6; k( 1) = 6; k(0) = 6; k(1) = 6.

2. (5 points) Find the domain and range of f (x) = 0:7 x 7 + 5.

3. (5 points) Express the function f (x) = x2


the graph.

6x + 5 in the vertex form and nd the vertex and sketch

1/3

Calculus for Business & Economics, Section 51

(Continued)

4. (5 points) Given that f is a quadratic function with minimum f (2) = 4, nd the vertex, range, and
x{intercepts.

5. (5 points) Suppose that $2; 000 is deposited in an account. How long (to the next whole year) will it
take the money in the account to reach $6; 000 if it is invested at 12% compounded monthly?

6. (5 points) Find the limit if it exits: xlim


[ 3f (x) + 2g (x)], where xlim
f (x) = 5 and xlim
g (x) = 4.
!1
!1
!1

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Calculus for Business & Economics, Section 51

(Continued)

7. (5 points) A personal{computer salesperson receives a base salary of $1; 000 per month and a commission
of 5% of all sales over $10; 000 during the month. If the monthly sales are $20; 000 or more, the salesperson
is given an additional $500 bonus. Let E (s) represent the person's earnings during the month as a
function of the monthly sales s.
Sketch the graph of E (s) for 0  s  30; 000 and nd s!lim
E (s).
20;000

8. (5 points) Find the equation of the tangent line to the graph of f (x) = ln x at x = 1.

9. (5 points) An investor bought stock for $20; 000. Five years later, the stock was sold for $30; 000. If
interest is compounded continuously, what annual nominal rate of interest did the original $20; 000
investment earn?

10. (5 points) Find the derivative of f (x) = (ex + 5) ln(10x4 ) +

3/3

3x
.
log5 x

Exam 2

Calculus for Business & Economics, Section 51


Name:
UID No:

200

Date: Thursday, May 15, 2008

Score:

/50

1. (5 points) Suppose that $8000 is invested at an interest rate of 5:5% per year, compounded continuously.
How long would it take to double the investment?

2. (5 points) Find the equation of the tangent line to the graph of f (x) = ex + 2 (x ln x) at x = 1.

3. (5 points) Let f and g be functions satisfying


f (4) = 1;

f 0 (4) = 2;

g (4) = 3;

Find h0 (4) for h(x) = f (x)g (x) 2f (x) + 7.

4. (5 points) Find

dy
x3
for y =
.
dx
x 1

5. (5 points) Find f 0 (x) for f (x) = (ln x)6 .

g 0 (4) = 3:

6. (5 points) If $2000 is invested at an annual


interest rate r compounded monthly, the amount in the

r 60
account after 5 years is given by A = 2000 1 +
. Find the rate of change of the amount A with respect
12
to the annual interest rate r.

7. (5 points) The demand equation for a certain product is 4p2 + q 2 = 1300, where p is the price per unit in
dq
dollars and q is the number of units demanded. Find .
dp

8. (5 points) For xey + x = y , use implicit di erentiation to nd y 0 and evaluate y 0 at (0; 0).

9 (Total 10 points) Consider the function f (x) = x3 + 3x2


(1) (3 points) Find the critical values.

24x + 6.

(2) (4 points) Determine the intervals where f (x) is increasing and the intervals where f (x) is decreasing.

(3) (3 points) Find the local extrema.