1,600 800+800=1,600 this is your answer
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:
8
Step-by-step explanation:
10x-6=5x+34
-5x -5x
5x-6=34
+6 +6
5x=40
---- ----
5 5
x= 8
// have a great day //
Answer:
X=14
Y=11
Step-by-step explanation:
14-11=3
14x2=28
11x2=22
22+28=50
Hope that works :)
Four? Isn't it stated in the question? Unless I am assuming wrong.
