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Incremental fix OH

Forums › ACCA Forums › ACCA FM Financial Management Forums › Incremental fix OH

  • This topic has 3 replies, 3 voices, and was last updated 10 years ago by Avatarseagoat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • August 21, 2015 at 4:43 pm #267989
    Avataraliimranacca007
    Member
    • Topics: 14
    • Replies: 12
    • ☆

    BPP KIT Q 39 FIX OH ARE 25000 AND INCREASE BY 6 % PER YEAR

    25000X1.06=26500 BUT IN ANSWER IT IS 27000

    AT THE END Q IT MENTION THAT WORK NEAREST TO $1000

    August 22, 2015 at 7:20 pm #268149
    Avatarseagoat
    Member
    • Topics: 22
    • Replies: 572
    • ☆☆☆☆

    So where is your problem I don’t get it.

    August 24, 2015 at 6:44 pm #268379
    Avatarlavinia69
    Participant
    • Topics: 5
    • Replies: 120
    • ☆☆

    Hello,
    You have 26,500 therefore the nearest 1,000 will be 27,000 as once you reach the half way point you always round up

    August 24, 2015 at 7:27 pm #268384
    Avatarseagoat
    Member
    • Topics: 22
    • Replies: 572
    • ☆☆☆☆

    The answer as u mentioned is 27 000 so I still don’t understand what’s the problem? What’s the purpose of the thread?

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