Asked by hayden

sarah invested £12000 in a unit trust 5 years ago,
the value of the unit trust increased by 7% per annum for each of the last 3 years.
before this the price had decreased by 3% per annum.
calculate the current price of the unit trust
Answered by Reiny
what is
12000(.97)^2 (1.07)^3 ?
Answered by hayden
just need the answer please
Answered by hayden
is it
13831.71
Answered by Louis
This answer is correst
Answered by Anonymous
How to work it out???
Answered by Anonymous
13832
Answered by Jeff
Same man helps for asking this
Answered by jasmine
whats the working out for that question?
Answered by Mathswatch due in tommorow
I NEED THE WORKING OUT PLEASEEEEEE
Answered by egebert
thanks.......... u havebeen having dufufu diffuicault withnumbers
Answered by egebert
once agaib. :) nise job thNJA YOU.
Answered by BALL
I LIKW THIUAS ANSWET, VERY MUCH.H.
HRRRGH.................... BAWEK BAWKE==LE
Answered by Abigail
Thank You For Your Answer But I Actually Already Knew It. So Really You Did Not Need To Do This. I Am Just Checking My Answer And It Was Correct As It Always Is. So Thanks, I Guess. Not That I Needed It Anyway. -.-
Answered by AK
for mathswatch you don't need to always do the working just write the answer and u will get full marks
Answered by Anonymous
Wait... I just searched up the question and I found out that this existed... YOU ARE ALL IN THE SET 1 CLASS OMG IM GOING TO COLLAPSE ASIUOGSASUG ok cool
Answered by Anonymous
increase of 7% = 100% + 7 = 107% divided by 100 = 1.07
1.07^3 = 1.225043

decrease of 3% = 100% - 3% = 97% divided by 100 = 0.97
0.97^2 = 0.9409

12000 x 0.9409 = 11290.80
11290.80 x 1.225043 = 13831.7155

rounded to the nearest whole number of pounds = £13832
Answered by sym
bro its literally 13831
Answered by sym
jk its 13832
Answered by Anonymous
yall are smart
Answered by alfredtheswag
i actually hate mathswatch this helped tho thanks
There are no AI answers yet. The ability to request AI answers is coming soon!