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 standard form of equation is in the form of
x - 9y = -45 , so the answer is B
Answer:
a 1 thousandth or 0.001
Step-by-step explanation:
You multiply the length of the model car by the meters from the actual car. It’s easier to convert one unit of measurement to match with the other. I found it easier to convert 18.2 cm to meters which is 0.182 m. Now we multiply 0.182m by 0.3m to get the length of the actual car.
The answer would be 0.0546m. Or if you prefer centimeters, then the answer would be 5.46 cm. Either way is fine.
Hope this helped, please let me know if I was correct. :D
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