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PMbpp mock exam2

Ppakoal15y ago
Hi
In the mock exam 2 of bpp ,question 5the part a of the question I don't understand how they calculated the investment forgone (10400000 *3%)
How did they arrive to 104000000?
Thanx
Former userFormer user15y ago#1
hi Pakoal., can nu pls send me the mock exams for f5.......kimone.cameron@yahoo.com or kimonecameron@hotmail.com... pls pls... thanx in advance
Former userFormer user15y ago#2
hi, Can some one send me any suggestion or mock exam paper for f5 please..
My mail address is, kabir_mth@yahoo.com
I am really worried about the new syllabus,
Cchristine7115y ago#3
me too, how they derive the 1,040,000,000 ? its take me more than half hour to do this q5 part a.
can someone help us ?

tq.
Zzaantjie15y ago#4
yeh i agree how did they get 1040 000 000 i get the resets just stuck on this
Former userFormer user15y ago#5
At the moment, there are 1 million business customers, but if they do not do anything then the existing number will fall by 20%, which would mean 800,000.
So, the average balance would be: (45% x 800,000 x $2,000) + (55% x 800,000 x $(4,000)) = $1,040,000.
Hope that helps.
Zzaantjie15y ago#6
thank you that makes alot more sense
Ppakoal15y ago#7
Thank for your help
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