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:
this makes no sense because there is no like out of, meaning it arrives late out of how many days? like how many days has i been since it arrives late 27 times?
Step-by-step explanation:
The answer is 1/2. Multiply 3/4 by 2/3.
Answer:
its a three in seven chance, since there are seven total outcomes and there is only one favorable outcome. Hope that helps.
Step-by-step explanation:
