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MAM1010F 2014 Final Exam - 1
MAM1010F 2014 Final Exam - 1
Answer the questions in the space provided on the question sheets. If you run out of
space for an answer, continue at the back of the page and clearly indicate that you have
continued the problem elsewhere.
Show all your work or reasoning. Answers without work or reasoning shown will receive
no mark.
You may use calculators. Round your answers off to two decimal places where necessary.
This examination paper consists of 13 pages and 10 questions. Make sure that no pages
or questions are missing. Put your student number (or at least your initials) on each
page, just in case a page comes loose.
If you would like to access your examination script(s) please see the notice board in the
Mathematics Building for application details or alternatively go to http:/www.mth.uct.ac.za
SURNAME_______________________________________________________________
FIRST NAME_____________________________________________________________
SIGNATURE_____________________________________________________________
1.2. She decides to pay R4 500 every month in order to repay the loan in a shorter period
of time. How many equal payments of R4 500 will she make? (Do not include the final
smaller payment.) (3)
MAM1010F June Exam, Page 2 of 13 2 June 2014
1.3. How much is the last payment (the one that is less than R4 500)? (3)
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2. (3 marks) An amount of R3 000 is invested in an account which pays 7,7% annual interest,
compounded continuously. How many whole months will it take the amount to
exceed R5 000 for the first time?
MAM1010F June Exam, Page 3 of 13 2 June 2014
3. (17 marks) Determine (do not simplify your answer) if:
3.1. ( ) (2)
3.2. ( ) (2)
3.3. ( ) (4)
MAM1010F June Exam, Page 4 of 13 2 June 2014
3.4. ( ) (4)
3.5. (5)
MAM1010F June Exam, Page 5 of 13 2 June 2014
4. (9 marks A developer wants to build a complex comprising luxury shops each of the
same size, from which he will derive revenue by renting them out. The construction
costs are approximately millions of rand and the expected revenue is
( )
R15 million per shop. The rate of return of building shops is given by ( ) ( )
where ( ) is the construction cost and ( ) is the revenue.
4.2. How many shops does the developer need to build in the same complex for maximum
rate of return? Show how you know that ( ) is a maximum, and not a minimum for
that value of . (Do not use the second derivative.) (6)
x
a b c d
5.1. For which value(s) of , will the graph of ( ) have critical points if any? (2)
5.2. Classify the critical points as points of local minimum, local maximum or
singular points. (3)
6. (4 marks) The annual demand for sunglasses can be expressed by the equation
, where the demand is measured in units of a thousand
and is the price per pair of sunglasses (in rand). Calculate the elasticity of
demand when the price is R500.
MAM1010F June Exam, Page 8 of 13 2 June 2014
7. (16 marks) Evaluate the following integrals:
7.1. ∫( ) (3)
8.2. What is the total cost of producing 550 boxes of CD’s? (2)
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9. (6 marks) A company produces items (where is given in thousands). The company’s
revenue is given by the function ( ) and economists calculated that the cost of
producing items is given by the function ( ) where and are given
in thousands of rand. When the production level is 2 000 units (i.e. ), production increases
at a rate of units per year.
9.2. At what rate are the company’s profits increasing or decreasing when the
production level is 2 000 units? (5)
MAM1010F June Exam, Page 11 of 13 2 June 2014
10. (18 marks) A function is defined by the equation ( ) . Its first and second derivatives
( ) ( )
are ( ) and ( ) .
( ) ( )
10.2. Find the point(s) where the graph of ( ) the axes. (1)
10.3. Calculate the limits of ( ) as if they exist, and state the horizontal
asymptote(s) if there are any. (3)
MAM1010F June Exam, Page 12 of 13 2 June 2014
10.4. Find all critical points and use a sign table to determine the intervals where ( )
increases and where it decreases. (4)
10.5. Give the coordinates of the points at which ( ) has a local minimum and
local maximum. (2)
MAM1010F June Exam, Page 13 of 13 2 June 2014
10.6. Find the points of inflection (if there are any), and the intervals where the graph of
the function is concave up and where it is concave down. (4)
10.7. Now draw the graph of ( ), clearly indicating any asymptotes, turning points and
points of inflection. (3)