AMA1500 - Foundation Mathematics for Accounting and Finance

Assignment 1
Due: 26 February 2023 (Tuesday) at 11:59pm
Please put your paper into the dropbox located on TU 7/F or submit it on Blackboard
Lecturer: Chan Ho Hin Henry

1. Solve the following inequalities. (30 marks)

x
(a) <2
3x − 5
(b) |3x − 7| > 2x + 1
1 1
(c) <
|x + 7| |2x − 3|
2. Suppose there are 9 retail companies, 8 banks and 6 insurance companies listed in Hong
Kong Exchange. In how many ways can we construct two investment portfolios, one for
Alice and one for Bob, each consisting of 4 retail companies, 2 banks and 3 insurance
companies, such that no company appears in both portfolios? (10 marks)
3. Find the following limits. If the limit does not exist, write “This limit does not exist.”
For infinite limit results, please indicate +∞ or −∞. (40 marks)
x2 − 3x − 4
(a) lim
x→4 x−4
x+1
(b) lim
x→3 (x − 3)2

2x4 + 2x2 + 3x − 1
(c) lim
x→∞ 5x4 − 3x2 + 7
−3x4 + 12x3 − 2x2 + x + 3
(d) lim
x→−∞ 2x7 + x6 + 5x4 + 3x2 − 1

4. Evaluate:
π  π 
 π
2
(a) f ◦ g(x), given f (x) = x + 3 and g(x) = tan + sin + cos −
π  3 6 4
1
(b) sin(arccos( 2 ) + π)cos
4
(20 marks)