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Arlecino [84]
4 years ago
10

Sarah invested 12000 in a unit trust 5 years ago, the value of the unit trust has increased by 7% per annum for the last 3 years

. before this the price had decreased by 3% per annumCalculate the current price of the unit trust
Physics
2 answers:
miss Akunina [59]4 years ago
8 0

Answer:

The value of the fund today is $13831.72

Explanation:

Let us calculate the value at the end of each year, step by step. An annual  decrease of 3% corresponds to a multiplier 1.0-0.03 = 0.97. An increase of 7% corresponds to 1.07.

Value at the end of

year 1: 12000 * 0.97

year 2: 12000 * 0.97 * 0.97

year 3: 12000 * 0.97 * 0.97 * 1.07

year 4: 12000 * 0.97 * 0.97 * 1.07 * 1.07  

year 5: 12000 * 0.97 * 0.97 * 1.07 * 1.07 * 1.07 = 13831.72

The value of the fund today (end of year 5) is $13831.72

Damm [24]4 years ago
3 0

The Answer to this question is

Value fund is $13831.72

Hope this helps (;

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Answer:

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6 0
4 years ago
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diamong [38]

Answer:

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If we were to do an equivalent conversion in Imperial, we would have

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and we immediately have to figure out what the square of 1760 is! However, the fact that SI is based on multiples of 10 has the downside that we can’t consider division by 3, 4, 8, or 12 very easily.

Secondly they are (mostly) defined in terms of things that are (or, that we believe to be) fundamental constants. The second is defined by a certain kind of radiation that comes from a caesium atom. The metre is defined in terms of the second and the speed of light. The kelvin is defined in terms of the triple point of water. The mole is the number of atoms in 12 grams of carbon-12. The candela is defined in terms of the light intensity you get from a very specific light source. The ampere is defined using the Lorentz force between two wires. The only exception is the kilogram, which is still defined by the mass of a very specific lump of metal in a vault in France (we’re still working on a good definition for that one).

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