March/Jun 23 Examiner Report

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August 30, 2023 at 12:41 pm #690965
doshihayt
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Hi,
I have got a question in Mar/June 23 Examiner report – Section B Question 5. The correct answer that they are telling is $107.64m, Whereas as as per their calculation the answer is shown as $107.76m, But when I calculate I am getting the answer:
$103.8m+($60000*8%*(3/12)*80%) = $104.76m, There is no such option as $104.76.
Can someone please help in identifying the correct answer? Should it be $107.64m or should be $107.76m?
August 30, 2023 at 1:23 pm #690968
Kim Smith
Keymaster
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It should say “The correct answer is C.” And option C, should be $104.76, and not $107.76.
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