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L4 Budgeting 2013 Question
I got this question wrong and I can't figure out why. The original question asked to fill the entire bottom row and also the top right box. I tried applying some seasonal variation but at a loss. (I think I'm having a blonde moment lol)
I did the 2016 exam and got this one correct.
Can you tell me how to get 12200, 12300, 12400, 12500 and 14891?
Thanks
0
Comments
12747/114 *110
13527/120 *110
In the 2013 everything is "at year 1 prices" so divide current year index and multiply by first year index. You will have done this in 2016 for "year 1 prices" too, perhaps just didn't read the row headings?