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mini question non current assets q3

This topic has 1 reply, 2 voices, and was last updated 9 years ago by MikeLittle.

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April 7, 2015 at 2:07 pm #240400
rena
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i cannot see how the calculation for the Investment which amounts to $1000 was done.
April 7, 2015 at 5:32 pm #240433
MikeLittle
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The index has risen from 1,200 to 1,296. That’s an increase of 8%
The value of the investments WAS 12,500. 8% x 12,500 = ????
Ok?
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