MDCL Sample Assessment 1 task 5c
BethG
Registered Posts: 5
Hi, please can someone explain how to figure out the following question...

Thanks!!

Thanks!!
0
Comments
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Do you have the actual answers, as I'm doing 2013 so can't look them up, and doing this from memory? Indexes would be under Forecasting Techniques. In the 2013 e-learning under Forecasting, page 4 this is shown as
New Price =
Old Price x Index in month you are going TO/ Index in month you are coming FROM
So, according the the AAT's format this would look like:
Jan's price is £129,000 x 170/170
March price is £132,000 x 170/172
June price is £135,000 x 170/1740
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