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)
25 feet = 25 x 12 = 300 inches
First light is at 16 inches.
300 - 16 = 284 inches
Find the rest of the bulbs:
284 ÷ 4 = 71
Total number of lights = 71 + 1 = 72
Answer 72 lights
240 is the missing term in the pair of equivalent ratio
Answer: B Or A
Step-by-step explanation:
