FINAL ASSIGNMENT

Code: 3

Lecturer’s Signature
Program: IB, AC, MIS, BDA
Course Code: MAT 1092
Course Title: Advanced Mathematics
Asso. Prof. Nguyễn Hải Thanh
Time allowed: 24 hours Date: 26/5/2021
Department’s Signature
Date: 14/6/2021 - 15/6/2021
Starting at 9:00, 14/6/2021
Ending at 9:00, 15/6/2021
Date: …/5/2021

Instructions to students:

1. At 9:00 AM, 14/6/2021, each student is assigned a final assignment with code number that is
identical to the last digit of his / her student code (for example: if a student code is 17071365 the
last digit is 5, and he / she must choose to do Final Assignment MAT1092 Code 5).
2. Final assignment consists of 5 problems, students should write the answers by hand to these
problems in 10 pages. Solution of problem 1 is written in pages 1-2, problem 2 in pages 3-4,
problem 3 in pages 5-6, problem 4 in pages 7-8, problem 5 in pages 9-10. Each page is numbered
clearly by hand writing in the right-top corner. Some pages not used are left with blank space.
Students should write clearly his / her full name and student code in the first row of the first page
(for example: Nguyễn Văn Thao, 17007365).
3. To submit the final assignment, students use CamScanner to scan all the above 10 pages and
save them to a pdf file, starting from page 1, then page 2, 3, 4, 5, 6, 7, 8, 9 and 10.
4. Students should finish submitting the final assignment / the pdf file with the file name: student’s
full name.MAT1092.lecturer’s name (for example: Nguyen_Van_Thao.MAT1092.Thanh) in
due time through MS Teams Assignment (do not be late in submitting the final assignment, since
the final assignment can not be submitted after the due time, 9:00AM, 15/6/2021).
5. Any violation of the above instructions will CAUSE ZERO MARK for the final assignment.
Problem 1 (2 points): An annuity pays out $25xyz at the beginning of each year in
perpetuity, where x, y, z are the last three digits of your student code (for example: if
a student code is 17071827 then x = 8, y = 2, z = 7 then $25xyz=$25827). If the
interest is 5% compounded annually, find:
a/ The present value of the whole annuity;
b/ The present value of the annuity of payments received starting from the end of
20th year.

Problem 2 (2 points): The demand function for a firm’s domestic and foreign
markets are:
P1 = 50 – 4Q1
P2 = 40 – 5Q2
and the total cost function is:
TC = 25 + 12Q, where Q = Q1 + Q2.
a/ Determine the prices needed to maximize profit with and without price
discrimination;
b/ Find the maximum profit values in these two cases and give your comment.

Problem 3 (2 points): If the rate of net investment flow is given by I(t) = 200e0.2t,
calculate:
a/ The capital formation from the end of the second year to the end of the sixth year;
b/ The number of years required before the capital stock exceeds $200 000.

Problem 4 (2 points): Consider the macroeconomic model defined by

National income: Y = C + I + G* (G* > 0)
Consumption: C = aY + b (0 < a < 1, b > 0)
Investment: I = cr + d (c < 0, d > 0)
Money supply: MS* = k1Y + k2r (k1> 0, k2< 0, MS* > 0)
Show that this system can be written as Ax = b, where

a/ Use Cramer’s rule to find C;

b/ Then write down the money supply multiplier for C and deduce it’s meaning.

Problem 5 (2 points): Consider the supply and demand equations:

QSt = 0.8Pt-1 - 12
QDt = -1.6Pt+ 60
a/ Assuming that the equilibrium conditions prevail, find an expressios for Pt and Qt
when P0 = 80;
b/ Is this system stable or unstable, explain why?