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Burcolene/Dec 07

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Burcolene/Dec 07

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by AvatarJohn Moffat.
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  • February 24, 2018 at 8:53 am #438666
    AvatarLilit
    Participant
    • Topics: 34
    • Replies: 62
    • ☆☆

    John, could you please explain the foloowing calculation

    25.4 * (1-0.05)^3* 0.8

    (1-0.05) ^3 ——???

    February 24, 2018 at 10:07 am #438691
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54838
    • ☆☆☆☆☆

    I am not sure which bit of it you are wanting me to explain.

    (1-0.05)^3 is a way of typing (1-0.05) to the power of 3 (i.e. cubed).

    So it equals 0.95^3 = 0.95 x 0.95 x 0.95 = 0.857375

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