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:
h=2 3/4
Step-by-step explanation:
2 3/4+1/2=
you can convert 1/2 into 2/4 so they have like denominators
2 3/4+2/4= 2 5/4 which is also equal to 3 1/4
I think 517.26
I did 10 times 3^2 (9) it equals 90. Then 90 times 3.14 and got 282.74. Then did 800- 282.74 and got 517.26
Answer:
$600
Step-by-step explanation:
Let "x" represent their total budget for the film.
Amount spent on costumes = $330
Percent spent on costumes = 55%
Therefore:
55% of x = $330
55/100 × x = 330
55x/100 = 330
Cross multiply
55x = 100 × 330
55x = 33,000
Divide both sides by 55
x = 33,000/55
x = 600
Total budget = x = $600
