May 2017

\$180,000 was spent on the project that yields annual benefit of \$60,000 for a period of 8 years without any salvage value. Determine the benefit-to-cost ratio considering the cost of money to be 7%.

A.   1.99 C.   1.57
B.   2.21 D.   2.63


Which of the following pizzas is a better buy: a large pizza with 16-inch diameter for \$15 or a medium pizza with an 8-inch diameter for \$7.50? What is the cost per square inch of the better pizza?

A.   medium pizza: \$0.07/in.2 C.   medium pizza: \$0.15/in.2
B.   large pizza: \$0.07/in.2 D.   large pizza: \$0.15/in.2


What is the angle between zero-based vectors ${\bf V_1} = (-\sqrt{3}, ~ 1)$ and ${\bf V_2} = (2\sqrt{3}, ~ 2)$ in an x-y coordinate system?

A.   0° C.   150°
B.   180° D.   120°


In a common carnival game, a player tosses a penny from a distance of about 5 feet onto the surface of a table ruled in 1-inch squares. If the penny (3/4 inch in diameter) falls entirely inside a square, the player receives 5 cents but does not get his penny back; otherwise he loses his penny. If the penny lands on the table, what is his chance to win?

A.   5/16 C.   9/256
B.   1/16 D.   3/128


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