Sarah invested 12000 in a unit trust 5 years ago, the value of the unit trust has increased by 7% per annum for the last 3 years. before this the price had decreased by 3% per annumcalculate the current price of the unit trust

The value of the fund today is $13831.72

Explanation:

Let us calculate the value at the end of each year, step by step. An annual  decrease of 3% corresponds to a multiplier 1.0-0.03 = 0.97. An increase of 7% corresponds to 1.07.

Value at the end of

year 1: 12000 * 0.97

year 2: 12000 * 0.97 * 0.97

year 3: 12000 * 0.97 * 0.97 * 1.07

year 4: 12000 * 0.97 * 0.97 * 1.07 * 1.07  

year 5: 12000 * 0.97 * 0.97 * 1.07 * 1.07 * 1.07 = 13831.72

The value of the fund today (end of year 5) is $13831.72

The Answer to this question is

Value fund is $13831.72

Hope this helps (;

because it says use -2,0,and 2 for x, we can plug those numbers into the equation. y/4=3/4(-2)+2   y/4= -1 1/2 +2 now to get x by itself, we can multiply each side by 4. y=-6+8 which equals y=2 when x=-2. now you can do the same thing with 0 and 2 as x. you get y=8 when x=0 and y=14 when x=2.

x   |   y

-2 |   2

0   |   8

2   |   14