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borrowing cost opentuition help

This topic has 1 reply, 2 voices, and was last updated 10 years ago by MikeLittle.

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December 1, 2014 at 5:04 pm #215246
super_vegito
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I was doing the example on borrowing cost from the f7 lecture but I don’t understand the last working for the investment part which the tutor has calculated 90 , can you please tell me how did you came on that figure , apart from that all my figures are correct
December 1, 2014 at 6:15 pm #215346
MikeLittle
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I think that that’s the money that there $90m invested throughout September and October
There is one other 90 in the solution and that’s the 90 that was spent on 1 January
OK?
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