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)
Step-by-step explanation:
please mark me as brainlest
Yes because the median and range are not a function of the totality of the sample set, the median is just value that is halfway of the set and the range is the difference of the highest and lowest value. As long as the lowest and highest value and the halfway value are the same in each set, the median and range will be equal no matter what the other values of the set are.
To find the original price first put the % into decimal form.
58% is 0.58.
Then divide the discounted price ($116) by the % in decimal form:
116 / 0.58
Original price is $200.00
the answer is 1 2 and 3 because they cant be divided by anything
