A
Hope this helps
Mark brainliest please
Answer:
60,000
Step-by-step explanation:
Jane-2000
Peter-ratio of 5=25000
Marta-ratio of 7=35000
25000+35000
60000
5,5.2,2
6,6,1,1
4,4,3,3
2,2,55
Answer:
The current price of the unit trust = £13,831.72
Step-by-step explanation:
Since it increased 7% per annum in last three years and decreased by 3% per annum before that, it implies that the unit trust decreased by 3% per annum for the first 2 years and then increased by 7% per annum for the next 3 years in the total 5 year period
The invested after 2 years = 12,000*(1-0.03)^2 = £11,290.8
This amount then grows by 7% for the next 3 years making it = 11,290.80*(1+0.07)^3 = £13,831.7155 = £13,831.72 (Rounded to 2 decimals)
The current price of the unit trust = £13,831.72 (Rounded to 2 decimals)
