Simply substitute the value of
3
given. In other words,
f
(
3
)
is the function of
f
(
x
)
, however, in this case,
x
is
3
f
(
3
)
=
3
(
3
)
−
4
Distribute
3
through the parenthesis
f
(
3
)
=
9
−
4
Simplify
f
(
3
)
=
5
Answer:
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Step-by-step explanation:
BUT TRU UNFORINATLEY
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)
Step-by-step explanation:
it would be 34y i got right answer
