Financial Performance  Forecasting expected price help
daniel489
Registered Posts: 14
Im having trouble working this question out in Financial Performance practice assessment 1, question 4b. Can anybody help on how to find the answer
and the answer:
and the answer:
0
Comments

Hi, there are 2 ways you can do it. Easiest way is:
If you work out the difference between AprilMay and May June it is the same amount of £135.74 so month on month it is increasing by £135.74
Therefore to work out September you would so £135.74*5 plus April's figure of £1,457.92
Hope this helps
1 
The other way to do this is  You would set April as the base of 100 so it would work in the same way.
If April is 100 and then May would be 1593.66/1457.92*100 to give you an index number of 109.3105. For September's index number it is (109.3105100)=9.3105*5+100= 146.5526. So the amount for September would be  146.5526/100*1457.921
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