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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 ?
Is it not linked to the 10 year life of the asset?
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 ?
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.