g The University of the South Pacic
Faculty of Business and Economics
SCHOOL OF ACCOUNTING & FINANCE
FM101: FINANCIAL MATHEMATICS
FINAL EXAM SEMESTER 1, 2015
Reading Time allowed: 10 minutes
WritingTime. allowed: 3 hours
100 marks (Weight = 60%)
INSTRUCTI
Major assignment
Due date: Friday 16th September 2016, (End of week 9)
Total Marks: 100 marks
Value: 30%
Question 1 (10 marks)
Arc.
a) In 2000 the cost of 3 CO1 ct car averaged $27,500 In 2003, the cost ofa
compact cat averacred $252950 Assuming that
Applications of functions in Business
Total Cost, Revenue, and Profit- The profit a firm makes in a product is the difference between the revenue
(amount received in sales) and its costs (amount spent by firm to produce the product). If x units are produc
FM101 Financial
Mathematics (DFL)
Week 2: Tutorial Guide
Prepared by: Ronald R. Kumar
Sem. II, 2014 (revised)
0
Some Hints for your tutorial practice. I assume that by now, you have read your
notes and practiced example problems from Unit 1 & 2.
Linear Al
FINANCIAL
MATHEMATICS
U1
BASIC ALGEBRA
AND LINEAR
EQUATIONS
prepared by
Bibhya N and Shar m a, Ja i R a j, Ro b in Ha ve a ,
T o kau a Te kab u
Unit 1: Basic Algebra and Linear Equations
1.1
Unit 1: Basic Algebra and Linear Equations
1.2
Study Organiser
B
Problem Set (Week 9-10 Tutorial): FM101
1. Convert an annuity with quarterly payments of $300 into an equivalent annuity with:
half yearly payments if money is worth 15% p.a. compounded half yearly;
Monthly payments if money is worth 14% p.a. compounded q