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NPV

This topic has 3 replies, 2 voices, and was last updated 6 years ago by John Moffat.

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February 19, 2019 at 3:11 pm #505760
agnes01
Participant
- Topics: 8
- Replies: 2
Sir, there is a question on NPV in the BPP mock examination 2.
I do not understand how section B question 2 was rounded to the nearest “000”
I calculated NPV of investment A and got a positive NPV of $48490
in their (BPP) model answer they rounded to $49000 yet l thought rounding $48490 to the nearest ‘000’ should give us $48000.
this has made my whole answer to be wrong
kindly assist
February 19, 2019 at 3:56 pm #505773
John Moffat
Keymaster
- Topics: 57
- Replies: 54790
It is a mistake by BPP – they should have rounded to $48,000.
February 20, 2019 at 10:41 am #505873
agnes01
Participant
- Topics: 8
- Replies: 2
noted with thanks sir
February 20, 2019 at 2:48 pm #505901
John Moffat
Keymaster
- Topics: 57
- Replies: 54790
You are welcome 🙂
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