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
Ask the Tutor ACCA MA
NPV
7y ago#1It is a mistake by BPP - they should have rounded to $48,000.
noted with thanks sir
7y ago#3You are welcome :-)
Topic lockedNew replies are closed.