UNIVERSITY OF CAPE TOWN

DEPARTMENT OF MATHEMATICS AND APPLIED MATHEMATICS

MAM1010F TUTORIAL 4 Solutions

 Round the answers off to two decimal places where necessary.

1.
1.1. 𝑓(𝑥) = 3𝑥 2 − 7𝑥 + 8 1.2. g(𝑥) = √2𝑥 2 − 7𝑥 − 4
Domain: 𝑥 ∈ 𝑅 Domain: 2𝑥 2 − 7𝑥 − 4 ≥ 0
(2𝑥 + 1)(𝑥 − 4) ≥ 0
1
𝑥 ≤ − 2 𝑜𝑟 𝑥 ≥ 4
1
𝑥 ∈ (−∞; − 2 ] ⋃[4; ∞)
5𝑥−2 𝑥 2 +2
1. 3. ℎ(𝑥) = 3𝑥 2 −48 1.4. 𝑓(𝑥) = √−𝑥2
+𝑥+56
Domain: 3𝑥 2 − 48 ≠ 0 Domain: −𝑥 2 + 𝑥 + 56 > 0
3(𝑥 − 4)(𝑥 + 4) ≠ 0 −(𝑥 − 8)(𝑥 + 7) > 0
𝑥 ≠ ±4, 𝑥 ∈ 𝑅 𝑥 ∈ (−7; 8)

𝑥 2 −49
1.5. 𝑔(𝑥) = log(−3𝑥 2 + 8𝑥 − 4) 1.6. ℎ(𝑥) = 𝑙𝑜𝑔 1−𝑥 2
𝑥 2 −49
Domain: −3𝑥 2 + 8𝑥 − 4 > 0 Domain: >0
1−𝑥 2
(𝑥−7)(𝑥+7)
−(3𝑥 − 2)(𝑥 − 2) > 0 >0
(1−𝑥)(1+𝑥)
2
𝑥 ∈ (3 ; 2) 𝑥 ∈ (−7; −1) ⋃(1; 7)
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2. Match the functions to the graphs:
2.1. C
2.2. A
2.3. D
2.4. F
2.5. B
2.6. E
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3.
3.1. 3.2.
6 y
6 y 5
5 4
4 3
3
2
2
1
1 x
x
-6 -5 -4 -3 -2 -1 1 2 3 4 5 6 7
-6 -5 -4 -3 -2 -1 1 2 3 4 5 6 7 -1
-1
-2
-2
-3
-3

-4 -4

-5 -5

-6 -6

3.3. 3.4.
y

x
-4 -3 -2 -1 1 2 3 4

-1

3.5. 3.6.
y
3 y
3
2

2
1

x 1

-4 -3 -2 -1 1 2 3 4 x
-2 -1 1 2 3 4 5
-1

-1
-2
-2
-3
-3
-4

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4.
1
4.1. The exponential function is 𝑓(𝑥) = 4(3)𝑥 .
The linear function is 𝑔(𝑥) = −16𝑥 + 4.

1
4.2. 𝑓(𝑥) = 4𝑒 𝑥𝑙𝑛(3) ≈ 4𝑒 −1,0986𝑥
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5.
5.1. 5.2.
y
2
y

x 1
-2 -1 1 2 3 4 5

-1
x
1 2 3 4 5 6 7 8
-2

-1
-3

-4
-2

-5

5.3. 5.4.
y
y
1.5
2

1
1

0.5
x
1 2 3 4 5
x
0.5 1
-1

-0.5

-2
-1
5.5. 5.6.
y
y

1
1

x
x
1 2 3 4
-4 -3 -2 -1

-1 -1

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6.1. Let the price 𝑝 of the houses be the independent variable, the quantity 𝑞 of the houses
be the dependent variable.
Then we know two points on the graph of the linear function: (40; 2 000 000)
and (60; 1 200 000).

The linear model: p= 𝑚𝑞 + 𝑐

2 000 000−1 200 000
𝑚= = −40 000
40−60
∴ 𝑝 = −40 000𝑞 + 𝑐 (Sub. any one of the points into this equation.)
𝑐 = 3 600 000
The demand equation is: 𝑝 = −40 000𝑞 + 3 600 000
6.2. 𝑅 = 𝑝𝑞
𝑝 = 3 600 000 − 40 000𝑞
Then 𝑅 = (3 600 000 − 40 000𝑞)𝑞
𝑅 = 3 600 000𝑞 − 40 000𝑞 2
This function has a maximum at the turning point.
3 600 000
𝑞 = − 2(−40 000) = 45 houses for maximum revenue

6.3. The maximum revenue is 3 600 000(45) − 40 000(45)2 = 𝑅81 000 000
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7.1. 𝐴 = 𝑃. 𝑒 −𝑟𝑡 where 0 ≤ 𝑡 ≤ 4 .
∴ 𝐴 = 1,3𝑒 −0,2𝑡

7.2. In 2012 𝑡 = 4: 𝐴 = 1,3𝑒 −0,2(4)

𝐴 ≈ 0,58 million
𝐴 ≈ 580 000 new houses are sold in 2012

In 2015 𝑡 = 7: 𝐴 = 1,3𝑒 −0,2(7)

𝐴 ≈ 0,32 million
𝐴 ≈ 320 000 new houses are sold in 2015
7.3. In 2050 𝑡 = 42: 𝐴 = 1,3𝑒 −0,2(42)
𝐴 ≈ 0,00029 million
𝐴 ≈ 290 new houses will be sold in 2050 (not realistic)

In 2060 𝑡 = 52: 𝐴 = 1,3𝑒 −0,2(52)

𝐴 ≈ 0,000040 million
𝐴 ≈ 40 new houses will be sold in 2050 (not realistic)
Our model gives a good, realistic estimation for a small period of time.
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8.
Deposit: 12% of 1 900 000=R228 000
Loan: 1 900 000-228 000=R1 672 000

𝑃𝑉.𝑖
8.1. 𝑃𝑀𝑇 = 1−(1+𝑖)−𝑛
0,09
1672000.
𝑃𝑀𝑇 = 12
0,09 −360
1−(1+ )
12
𝑃𝑀𝑇 = 𝑅13 453,29

8.2. Balance outstanding= 𝐹𝑉𝑙𝑜𝑎𝑛 − 𝐹𝑉𝑃𝑀𝑇

0,09 96
0,09 96 (1+ ) −1
= 1672000(1 + ) − 13453,29. 12
0,09
12
12
= 𝑅1 544 270,76
OR
Balance outstanding= PV based on the equal PMT for the last 360-96= 264 months
1−(1+𝑖)−𝑛
Balance outstanding= 𝑃𝑀𝑇. 𝑖
0,09 −264
1−(1+ )
= 13453,29. 12
0,09
12
= 𝑅1 544 270,73

8.3. The balance outstanding at the end of the 8th year is R1 544 270, 76.
This is the PV for the 9th year.
𝐼𝑁𝑇 = 12 × 𝑃𝑀𝑇 − (𝐵. 𝑂. 8𝑡ℎ 𝑦𝑒𝑎𝑟 − 𝐵. 𝑂. 9𝑡ℎ 𝑦𝑒𝑎𝑟)
[B.O. stays for balance outstanding]
0,09 −252
th 1−(1+ )
12
B.O. 9 year= 13453,29. 0,09
12
= 𝑅1520865,78
∴ 𝐼𝑁𝑇 = 12 × 13453,29 − (1544 270,73 − 1520865,78)
𝐼𝑁𝑇 = 𝑅138 034,53
8.4. 𝑃𝑀𝑇 = 𝑅13 453,29 + 𝑅550 = 𝑅14 003,29
1−(1+𝑖)−𝑛
𝑃𝑉 = 𝑃𝑀𝑇. 𝑖
0,09 −𝑛
1−(1+ )
1672000 = 14003,29. 12
0,09
12
𝑛 = 302,28 ≈ 303 𝑚𝑜𝑛𝑡ℎ𝑠

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