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:
Yes, they are congruent
Step-by-step explanation:
Yes, they are congruent because all the side and angle lengths are congruent.
Answer:
B) 5.5
Step-by-step explanation:
The ratio of the trout with tags that are caught and the total trout with tags is first calculated.
r = 12 trout / 180 trout = 1/15
Then, we divide the number of trouts caught without tag by the value obtained above.
N = (48 - 12) / (1/15) = 540
Then, we add the number obtained above and 180.
T = 540 + 180 = 720
ANSWER: 720
