Answer:
.0024
Step-by-step explanation:
Hey There!
So when converting a percentage to a decimal all we have to do is move the decimal place over to the left 2 times
so it would be .0024
hope this helps ~ <em>MarkAnswers</em>
Answer:
11.1d + 3.2h - 15
Step-by-step explanation:
Answer:
5≤u
Step-by-step explanation:
Put the words and numbers into an equation:
-5u+27≤2
Put all like terms on one side:
27-2≤5u ---> Do you see what I did there? Now you don't have to work with negatives. :)
Simplify:
25≤5u
Solve:
5≤u
:)
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)
