The lion ate the tightrope walker as lion wanted a well-balanced meal.
Step-by-step explanation:
This is riddle kind used to enhance brain exercise .
This is a joke related question.
Three people, a juggler, a clown and a tightrope walker got lost in a jungle. There comes a lion from somewhere and he ate juggler and walker to have a balanced meal.
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)
Here's the solution ~
Therefore, the correct choice is A
I know the answer to your
The most likely answer is b
