MATH 111 Final: MATH 111 UW Winter n14FinalExam
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I a rm that my work upholds the highest standards of honesty and academic integrity at the uni- versity of washington, and that i have neither given nor received any unauthorized assistance on this exam. Total 100: this exam consists of this cover sheet followed by 3 problems on 3 pages. Please check that you have a complete exam: you are allowed to use a scienti c, non-graphing, non-programmable calculator and one sheet of hand-written notes during this exam. Answer: $ (c) a diamond ring appreciates in value over time. Each year, the ring is worth 5% more than it was the year before. Answer: years (d) which would you choose for a savings account: (a) 6%, compounded quarterly, or (b) 5. 94%, compounded continuously? (justify your answer. ) Math 111 summer 2013: (14 points) 2 (a) you win ,100,000 (. 1 million) in a state lottery.
