[beong]

Congrats sir I am so happy . I appreciate OT. Many many thanks

[beong]

I am sorry unfortunately the answer does not explain thus i post it on the forum. Perhaps Open tutor may help.

Surprise ! I thought I should be on Dec2013.
Good Luck to you and wish you success in passing your F!

[beong]

Hi, The answer shows A or B.. 🙁

[beong]

Dear John,
thank u and noted.

[beong]

Dear John,
Please ignore the earlier reply , I see the point now why we should start on 01 June & not 1 July.

But the calculation I got is 74,792 and the nearest answer is 73750. Not exact answer.

thanks

[beong]

Good Day John,
Thank you for your prompt reply.
I am sorry , I still do not get the below calculation.

So from 1 June X2 to 30 September X2 the loan was $1M – there will be interest of 8% p.a. for 4 month.

why start from 01 june.. and not 1 july

thank you

[beong]

Hi can you send us your qs? see whether we can solve thanks

[Author]

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