F9 June 2015 Section B Question Q1Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › F9 June 2015 Section B Question Q1This topic has 3 replies, 2 voices, and was last updated 8 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts November 24, 2016 at 2:37 pm #351187 DreamerSKParticipantTopics: 24Replies: 89☆☆Is it okay to use 720 000 euro(750-(750*4$) instead of 721154 euros? November 24, 2016 at 3:29 pm #351207 John MoffatKeymasterTopics: 57Replies: 54632☆☆☆☆☆No it is not OK !!!You should do it the way I do in my free lectures on this, which is the correct way and the way that the examiner expects.You would not lose all of the marks for this part of the question, but you would certainly lose many of them because it is wrong.Have you watched the free lectures? Because in the lectures I do explain why it is that we do what we do. November 24, 2016 at 3:34 pm #351209 DreamerSKParticipantTopics: 24Replies: 89☆☆Thanks. I have watched most of them but it seems I have forgotten the reason why… November 25, 2016 at 6:49 am #351321 John MoffatKeymasterTopics: 57Replies: 54632☆☆☆☆☆It is because the interest is compounded – i.e. is based on the amount at the start, not the amount at the end,AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In