Answer:
Step-by-step explanation:
1k +9 > 30
1k +9 -9 > 30 -9
1k > 21
k > 21
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)
Answer:
The first one
Step-by-step explanation:
Answer:
<h3>
x = 1/2</h3>
Step-by-step explanation:
-3x + 1 + 10x = x + 4
-1 -1
7x = x + 3
-x -x
6x = 3
÷6 ÷6
x = 1/2
I am pretty confident its 1.0