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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › FM RISK MAnagment
Spot Uk$1=A$1.7574
Six mth forward uk $1=A$1.7245
The int rate in Australia is 5% per year for a six month deposit or borrowing
What is the annual int rate for a six. Month deposit or borrowing in uk.
Answer is 8.90%
I can’t work it out pls
Help
Where are your questions from?
Are you using our material, ACCA, BPP or Kaplan?
And if so what question is it?
This appears to be another question that I doubt the answer.
Kaplan workbook
What is the question number?
Is it from the text or the kit?
We have lots of textbooks and exam kits to look at you know!
It is impossible to know every question.
Try to be more clear if you want our help please