revision mock question ;_;Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › revision mock question ;_;This topic has 1 reply, 2 voices, and was last updated 9 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts May 24, 2015 at 12:33 pm #248399 fahadMemberTopics: 24Replies: 114☆☆hello, the current exchange rate for us $ against the pound is us/pound 1.84 inflation in us is 5 % p.a whereas in uk it is 4% exchange rate in 2 years ?1.84x 1.05/1.04 = 1.86 right ? May 24, 2015 at 5:21 pm #248482 John MoffatKeymasterTopics: 57Replies: 54500☆☆☆☆☆No!1.86 is the forecast exchange rate in 1 years time.For a forecast in 2 years time you multiply by another 1.05/1.04(I go through exactly the same example in the free lecture!!)AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In