May 2017

Problem
\$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%.

Problem
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?

Problem
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?

Problem
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?