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A unit trust fund has a prospective average annual return of 7 . 5 % over the next 1 5 years. Estimate the value of

A unit trust fund has a prospective average annual return of 7.5% over the next 15 years. Estimate the value of a TZS 1,000,000 investment after 25 years when the returns are:(a) tax-free, [6 Marks](b) subject to a deferred tax (i.e. taxed at the end of the 25 years) of 20%(c) subject to an annual tax of 20%

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