Maths-AW616 Online Services
Purpose
The purpose of this assignment is to develop learners’ ability to apply mathematics in management.
Requirement
You are required to solve all the questions.
Question 1
Find the straight line that passes through point (2,4) and is perpendicular to line
Given the function
What is the value of x?
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Question 2
Given the following information:
Particulars | Product X | Product Y |
Units sold (quantity) | 400 | 500 |
RM | RM | |
Sales price per unit | 50 | 80 |
Electricity expenses | 10 | 12 |
Telephone expenses | 13 | 14 |
Salaries expenses | 16 | 18 |
Fixed cost: rental expenses | 2000 | 1000 |
You are required to calculate the following for both products
Total revenue
Total cost
Total profit
Breakeven point in RM and units
Units need to be sold if profit of RM 1000 is targeted
Question 3
Explain the differences between simple interest and compound interest.
If a commodity costs RM1,500 now and inflation is expected to go up at the rate of 9% per annum, how much will the commodity cost in 7 years?
If you can sell an asset for RM11,000 in 8 years and the cost of money is 5%, how much would you be willing to pay for the asset today?
product code: Maths-AW616
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