Skip to content

Ask the Tutor ACCA FR

ias 23 practice question 2

Ssabahat10y ago
Please help me out in Q2. I solved like this: 1.4mx8%x10/12=93,333 1m x8%x 6/12=40,000 Less 1m x 6% x 4/12 why the answer is calculating in tht way....we have taken all 2.4m together tell me the reas0n
MikeLittleMikeLittleTutor10y ago#1
Why isn't it 2.4 for 10 months @ 8% - 1m for 4 months @ 6%
Sign into reply to this topic.