Decimal Places in Answers

amebro

I am doing the 2016 Level 4 and have noticed when the question doesn't say some answers are rounded differently to what I expected.

For discounted cash flow I questions I rounded to 2 decimal places but in the answers they rounded to whole numbers. Would this be the difference between getting a question wrong in the exam?

shamilkaria

Hi,

I will admit the practice questions sometimes do round up to whole numbers and sometimes to decimal places which can get very confusing. In your exam they would tell you how many decimal places to use or whether they want it as a whole number.

Hope this helps you

Kind regards

Shamil