Final Assignment: Code: 1 Lecturer's Signature
Final Assignment: Code: 1 Lecturer's Signature
Code: 1
Lecturer’s Signature
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): A project requires an initial outlay of $9200 and produces a
return of $30000 at the end of year 1, $40000 at the end of year 2, and $42xyz at the
end of year 3, where x, y, z are the last three digits of your student code (for
example: if a student code is 17071365 then x = 3, y = 6, z = 5 and $42xyz=$42365).
a/ Use the trial-and-error method or another appropriate method to determine the
internal rate of return IRRof the project (express IRR in percentage, rounded to one
decimal place);
b/ Find the net present value NPV of the project if the market rate r is equal to the
value of IRR as found above, then give a comment.
Problem 2 (2 points): An annuity pays out $3000 at the beginning of each year in
perpetuity. If the interest is 6% compounded annually, find:
a/ The present value of the whole annuity;
b/ The present value of the annuity for payments received, starting from the end of
20th year.