An investor purchased a portfolio of shares for Taka 356,000. The value of the portfolio rose by 56% after the first year, fell by 8% after the second year and continued to increase by 9% from the third year onward. a) What was the average annual rate of change in the value of the portfolio over the first 3 years? b) What will be the value of the portfolio after 5 years?
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
An investor purchased a portfolio of shares for Taka 356,000. The value of the portfolio rose by 56% after the first year, fell by 8% after the second year and continued to increase by 9% from the third year onward.
a) What was the average annual rate of change in the value of the portfolio over the first 3 years?
b) What will be the value of the portfolio after 5 years?
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