KING FAHD UNIVERSITY OF PETROLUEM & MINERALS
Math 131 - Term 032
Quiz #1 Section: 1 & 6
Name:
ID:
Serial:
Q1.A person wishes to invest $20,000 in two enterprises so
that the total income per year will be $1440. One enterprise pays 6% annually;
the other has more risk and pays 7.5% annually. How much must be invested in
each?
_______________________________________________________________
Q2.
Solve the following system of equations: