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)
The correct answer is b) 2
A)
145 - 5d
5d = 145, set equal
29 days to lay all the track
b)
5*19 = 95
145-95 = 50
After 19 days, they have 50 miles to go.
Answer:
The standard deviation will be: 2.1
Step-by-step explanation:
We know that standard deviation is basically the square root of variance.
Using the formula to calculate the standard deviation

As
so the standard deviation can be calculated as:
standard deviation 


Therefore, the standard deviation will be: 2.1
The answer is C. (True) did some research and that’s what all my sources say ;)