Course Introduction
Business Mathematics
Pre-Test Questions
Business Mathematics is designed to equip students with essential mathematical tools and techniques used in the world of business and finance. The course covers fundamental topics such as percentages, interest calculations, annuities, depreciation, statistics, and basic probability. Students will learn how to apply mathematical concepts to solve real-world business problems, including analyzing financial statements, evaluating investment opportunities, and making informed operational decisions. By integrating mathematics with practical business applications, the course helps students develop analytical thinking and quantitative reasoning skills vital for success in a competitive business environment.
Recommended Textbook College Algebra with Applications for Business and Life Sciences 2nd Edition by Ron Larson
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8 Chapters
787 Verified Questions
787 Flashcards
Source URL: https://quizplus.com/study-set/3697
Page 2
Chapter 1: Fundamental Concepts of Algebra
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119 Verified Questions
119 Flashcards
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Sample Questions
Q1) Factor out the common factor. 35n<sup>4</sup> + 5n<sup>3</sup> + 45n<sup>2</sup>
A) 5(7n<sup>4</sup> + n<sup>3</sup> + 9n<sup>2</sup>)
B) 5n<sup>2</sup>(7n<sup>2</sup> + n + 9)
C) n<sup>2</sup>(35n <sup>2</sup> + 5n + 45)
D) 35n<sup>2</sup>(n <sup>2</sup> + n + 9)
E) 35(7n<sup>4</sup> + n<sup>3</sup> + 9n<sup>2</sup>)
Answer: B
Q2) The percent of people in a research study that have a particular health risk is 35.5%.The total number of people in the study is 12,392.How many people have the health risk?
A) 3594 people
B) 12,392 people
C) 16,791 people
D) 4399 people
E) 7993 people
Answer: D
Q3) Write the polynomial in standard form. 9 + 7x<sup>2</sup> + 8x
Answer: 7x<sup>2</sup> + 8x + 9
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Chapter 1: Equations and Inequalities
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94 Verified Questions
94 Flashcards
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Sample Questions
Q1) You accept a new job with a starting salary of $56,000.You receive a 4.9% raise at the start of your second year, a 7.4% raise at the start of your third year, and a 8% raise at the start of your fourth year.Find your salary for the fourth year.
A) $68,138.34
B) $66,854.44
C) $67,881.56
D) $68,651.90
E) $69,422.24
Answer: A
Q2) A projectile is fired straight upward from ground level with an initial velocity of 120 feet per second.During what time period will its height exceed 220 feet? Round your answer to the nearest tenth of a second.
A) between 4.3 and 6.8 seconds
B) between 3.2 and 6.8 seconds
C) between 1.6 and 4.3 seconds
D) between 3.9 and 6.8 seconds
E) between 3.2 and 4.3 seconds
Answer: E
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Chapter 2: Functions and Graphs
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97 Verified Questions
97 Flashcards
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Sample Questions
Q1) Which set of ordered pairs represents a function from P to Q? P = {5, 10, 15, 20} Q = {-1, 1, 3}
A) {(5, -1), (10, 1), (10, 3), (15, 1), (20, -1)}
B) {(15, -1), (15, 1), (15, 3)}
C) {(15, 1), (10, -1), (5, 1), (10, 3), (15, -1)}
D) {(10, 1), (15, 3), (20, 1)}
E) {(5, 3), (15, 1), (5, -1), (15, 3)}
Answer: D
Q2) Find the midpoint of the line segment joining the points. (7, -7), (-7, -5)
A) (0, 6)
B) (-6, 0)
C) (-1, 7)
D) (7, -1)
E) (0, -6)
Answer: E
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Page 5
Chapter 3: Polynomial and Rational Functions
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105 Verified Questions
105 Flashcards
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Sample Questions
Q1) A farmer wants to enlarge an existing rectangular pig pen such that the total area of the new pen is twice as large as the original pen.The current pen's dimensions are 25' × 27'.The farmer wants to add 13 feet more to the long side than to the the short side.Find the dimensions of the new pen.
A) 5 feet × 18 feet
B) 30 feet × 45 feet
C) 30 feet × 32 feet
D) 30 feet × 43 feet
E) 30 feet × 40 feet
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Chapter 4: Exponential and Logarithmic Functions
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92 Verified Questions
92 Flashcards
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Sample Questions
Q1) An initial investment of $6000 grows at an annual interest rate of 3% compounded continuously.How long will it take to double the investment?
A) 23.10 years
B) 24.10 years
C) 24.00 years
D) 23.00 years
E) 1 year
Q2) What is the half-life of a radioactive substance if 2.9 g decays to 1.80 g in 64 hours? Round to the nearest tenth of an hour.
A) 93.0 hours
B) 69.8 hours
C) 46.5 hours
D) 23.3 hours
E) 13.8 hours
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Chapter 5: Systems of Equations and Inequalities
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94 Verified Questions
94 Flashcards
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Sample Questions
Q1) An accounting firm charges $2500 for an audit and $350 for a tax return.Research and available resources have indicated the following constraints. The firm has 900 hours of staff time available each week.
The firm has 155 hours of review time available each week. Each audit requires 75 hours of staff time and 10 hours of review time. Each tax return requires 12.5 hours of staff time and 2.5 hours of review time.
The accounting firm lowers its charge for an audit to $2000.What numbers of audits and tax returns will bring in an optimal revenue?
A) The optimal revenue will be $24,700 if the firms does 5 audits and 42 tax returns each week.
B) The optimal revenue will be $24,000 if the firms does 12 audits and 0 tax returns each week.
C) The optimal revenue will be $21,700 if the firms does 0 audits and 62 tax returns each week.
D) The optimal revenue will be $0 if the firms does 0 audits and 0 tax returns each week.
E) The optimal revenue will be $30,000 if the firms does 12 audits and 0 tax returns each week.
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Chapter 6: Matrices and Determinants
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94 Verified Questions
94 Flashcards
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Sample Questions
Q1) A city zoo borrowed $2,000,000 at simple annual interest to construct a breeding facility.Some of the money was borrowed at 9%, some at 11%, and some at 14%.Use a system of equations to determine how much was borrowed at 9% if the total annual interest was $216,000 and the amount borrowed at 9% was twice the amount borrowed at 14%.Solve the system using matrices.
A) $400,000 was borrowed at 9%
B) $800,000 was borrowed at 9%
C) $300,000 was borrowed at 9%
D) $1,600,000 was borrowed at 9%
E) $1,700,000 was borrowed at 9%
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9
Chapter 7: Sequences, Series, and Probability
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92 Verified Questions
92 Flashcards
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Sample Questions
Q1) A quality control inspector receives a shipment of 10 computer monitors.From the 10 monitors, the inspector randomly chooses 6 for inspection.If the probability of a monitor being defective is 0.08, what is the probability that at least one of the monitors chosen by the inspector is defective? Round to the nearest hundredth.
A) 0.39
B) 0.27
C) 0.45
D) 0.26
E) 0.35
Q2) At a high school cafeteria, diners can choose one vegetable from a choice of 4 vegetables, one meat from a choice of 3 meats, one serving of bread from among 4 breads, and a dessert from among 3 desserts.How many meal configurations are possible?
A) 14
B) 144
C) 4
D) 48
E) 36
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