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Hello tutor
hope you are doing well.I have a query to ask from the question Emcee
It’s out there in the revision kit of BPPCan you please explain for the weighted average carrying amount
How did they manage to get 95m
I thought it should be 20m+ then 50m for the next three months it comes out 170 and then divides it by 4 monthsBut the answer in the kit is totally different
Please help me out
Cumulative investment:
Month 1 20
Month 2 20+50 = 70
Month 3 20 + 50 +50 = 120
Month4 20+50+50+50 = 170So add 20+70+120+170 and divide by 4
but they said first month 20 n then 50 for each month?
why do we add 20 for next three months
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