In question name 'ROPE', part (a), in the answer sheet under salaries and otjer payments section, in the first paragraph, im not sure how they get 8.5%, 9.4% and 4.1%
I calculate the figures based on the question info but i couldnt derive these figures.
Im not sure whether they have typo in the answer sheet
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September / december 2016
7y ago#1The forecast period is 4 six-monthly periods. Summing the figs into annual amounts:
Receipts for the 2nd year of the forecast period total 30,350 (14950 + 15400) compared with the current year total 27,985 (14050 + 13935) - an increase of 8.5%.
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