Please can someone help me out in Q2. I solved thus:
1.4mx8%x10/12=93,333
1m x8%x 6/12=40,000
Less
1m x 6% x 4/12
I know something must be wrong but I can't indicate it exactly .
......thanks in advance
Ask the Tutor ACCA FR
Chapter 17 practice questions
10y ago#1Try this:
$2.4m @ 8% x 10/12 160,000
$1.0m @ 6% x 4/12 ( 20,000)
Answer $140,000
And any problems, post them on Ask ACCA Tutor – that way I’ll be sure to see them
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