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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
It is a mistake by BPP – they should have rounded to $48,000.
noted with thanks sir
You are welcome 🙂