<![CDATA[eco406 assignment 2 solution 2020]]>SEMESTER SPRING 2020
MATHEMATICAL ECONOMICS (ECO406)
ASSIGNMENT
DUE DATE: 11TH JUNE, 2020
MARKS: 15
Question no. 1
Which among the followings are identities and which are equations, and
why?
I. 4(x-1) +1=x-3(1-x)
II. x(x-1) =x(x-2) +6
(Marks: 2)
Question no.2
Solve the following equation by factorizing method and find the values of
X.
2X2
-4X-30=0
(Marks: 5)
Question no.3
Solve the following equation and find the value of unknown(x).
6 2 2 3
5 37 5 2
x x
x x
(Marks: 5)
Question no.4
Calculate the future value (Pt) of a principal or present amount (Po) i.e. Rs.
450 at 14% interest rate, three years from now when compounded annually.
(Marks: 3)
IMPORTANT: