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release of grant

This topic has 3 replies, 2 voices, and was last updated 3 years ago by P2-D2.

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November 2, 2021 at 5:09 am #639716
Nikitagarwal
Participant
- Topics: 154
- Replies: 147
Hi Sir,
Hope you are well!
This question is in BPP revision kit – Derringdo Co
In the first question why have they taken 10% of release of grant ? where is it mentioned ?
November 7, 2021 at 9:08 am #640128
P2-D2
Keymaster
- Topics: 4
- Replies: 7205
Hi,
Is it not linked to the 10 year life of the asset?
Thanks
November 7, 2021 at 12:13 pm #640153
Nikitagarwal
Participant
- Topics: 154
- Replies: 147
The question mentions the 10 years and not 10% and moreover the retention period they want for 4 or more years, I am not too sure why did they used 10% of it ?
November 13, 2021 at 8:13 am #640523
P2-D2
Keymaster
- Topics: 4
- Replies: 7205
10% is the same as spreading it over 10 years. 10% is equivalent to 0.1 as a decimal and 1/10 is equal to 0.1.
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