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Mock exam 4 bpp kit

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Mock exam 4 bpp kit

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  • May 30, 2023 at 7:08 pm #685528
    hm1995
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    Hello

    In the above mock exam, when calculating APV, and to calculate the issue cost of 3% on gross finance. Shouldn’t the total borrowed amount be 80/0.97= 82.47 and the interest calculated on that amount? Because the answers take only 80m

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