KP - Mock - 5b

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Hi All!

Can somebody,please help me with the attached question, I have the answer, just don't understand how they got there?

Thank you in advance for your time!

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  • Vicvic
    Vicvic Registered Posts: 8
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    Is it £4250 ?
  • Vicvic
    Vicvic Registered Posts: 8
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    Deposit £10,000 + (4x6000) = total £34,000 for 4 years, therefore for 6 months hire it is £4,250.
    Accrued basis
  • Zana
    Zana Registered Posts: 27
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    Yes it is, thank you @Vicvic so much for showing me the way how to get to the correct answer!
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