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Did anyone manage to accumulate a list of mnemonics?
@ williams1977 Calculate the biggest difference so Fixed 3.8 – 2.2 = 1.6 Variable Base rate +.8 – base rate .4. =.4 Therefore the biggest difference is in the fixed rate so who ever can borrow at the lowest fixed rate should borrow at it ie 2.2 and theother should borrow at what ever their variable rate is.
1.6-.4 = 1.2 assume the gain is split 50:50 then they are both 0.6 better off then take off the fee of 0.2 and they both gain 0.4 whether borrowing at fixed or variable
Q2 and Q3 very fair relatively straight forward questions but Q1 was so time consuming, I never got to finish the paper
Thank You! Its just that I did not pass P2 on my first attempt and thought it my hinder my future employment prospects
Hi,
Will my final results show how many attempts it took me to pass exam?
Thanks
