EAC pre-sept exam EAC | Free ACCA & CIMA online courses from OpenTuition

This topic has 5 replies, 3 voices, and was last updated 1 year ago by IAW3005.

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August 15, 2024 at 4:05 pm #709748
SoloYz
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- Topics: 11
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investment $25,000

maintenance
Y1 – $5000
Y2 – $6500

trade-in value
Y1 – $16000
Y2 – $12000

calculation for Y2 maintenance and trade-in why (-$6500+$5500) why not (-$6500+$12000)
is this new calculation?
August 15, 2024 at 4:51 pm #709750
IAW3005
Keymaster
- Topics: 4
- Replies: 1625
On ACCA hub is says
Pre S24 Mock Exams – Debrief videos will be available
Tomorrow, 12:00 AM » 11:59 PM

My role is not to answer every question- just for you!!!
August 15, 2024 at 5:04 pm #709752
IAW3005
Keymaster
- Topics: 4
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This is the answer it gives ……

$ 17495

The EAC is calculated as follows:
Year 0 investment -25000*1 ……………… -25,000
Year 1 maintenance -5000*0.909………………..-4545
Year 2 maintenance and trade-in -6500+5500 = 826

Total PV -30371

Annuity factor for 2 years @10% 1.735

EAC (-30371/1.735) 17,495

There could be a mistake
August 18, 2024 at 1:47 pm #709990
quinner909
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i agree i think there is a mistake
August 19, 2024 at 1:13 pm #710025
SoloYz
Participant
- Topics: 11
- Replies: 8
i know u not only serve me, i just brough out is there any mistake the hub had make. and i did watched the video and they are just explain easy question . i did comment and no one reply. but anyway, thanks for your time
August 20, 2024 at 6:51 am #710052
IAW3005
Keymaster
- Topics: 4
- Replies: 1625
It was just an honest mistake…..they are only humans after all
You must accept sometimes that things aren’t as they seem
And have the ability to move on
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