Sorry meant ECR Dec 2003

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:30AM in AAT student discussion
Re: last message its dec 2003 definatly going ga ga

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    Sorry meant ECR Dec 2003

    <BR> Cumulative cash flow<BR>Year 0 (500)<BR>Year 1 (440)<BR>Year 2 (290)<BR>Year 3 30<BR>Year 4 110<BR><BR>To work out the months in year 3, 290/320x 12 = 10.875 months<BR><BR>or if you do not times by the 12 = 0.90625<BR><BR>So the answer is 2.9 years or 2 years and 11 months

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