My results for core,1,4,5

[benob1352]

For this question:

4c. Reducing balance will give higher deprecitation, $10953.17

I think you're actually supposed to write down the amount it depreciated by - it says "Write down the greater depreciation amount in dollars correct to the nearest cent", so based on your answer it should have been $11046.83

Yeh i think your right on that one..hopefully i didnt get to many more wrong

[cleo_xo]

for module 4 question 3b i got 3876.97... is that right?

[Zoe]

Yea, I'm pretty sure you had to connect B to D again, since C and D arn't actually directly connected

[benob1352]

for module 4 question 3b i got 3876.97... is that right?

Yes i mistyped out my answer, i got 3876.97 aswell

[rohank]

how did you get $151133.38 for business 5a. ?

[krzysiek]

Business question 2 you got wrong. From memory, it says something like "express the cheaper price as a percentage of the RRP" hence a 24% discount = 76% of the original RRP.

[tim2541]

i only did core, M1,M2 and M6 but from what u did looks right

[benob1352]

how did you get $151133.38 for business 5a. ?

I used the TVN solver
N= 60
I%= 4.65
PV=200000
PMT= -1500
FV= 151133.38
P/Y=12

[taylor tay bags]

for module 4 question 3b i got 3876.97... is that right?

That's exactly what i got.

[benob1352]

Business question 2 you got wrong. From memory, it says something like "express the cheaper price as a percentage of the RRP" hence a 24% discount = 76% of the original RRP.

It says "Find the discount as a percentage of the recommended retail price" ...so im not sure if ive done it right :S im shit with wording of questions

[rohank]

how did you get $151133.38 for business 5a. ?

I used the TVN solver
N= 60
I%= 4.65
PV=200000
PMT= -1500
FV= 151133.38
P/Y=12

thanks

[MiCCAS]

Business question 2 you got wrong. From memory, it says something like "express the cheaper price as a percentage of the RRP" hence a 24% discount = 76% of the original RRP.

Nope, says "Find the discount as a percentage of the recommended retail price" so they are right.

[MiCCAS]

Business question 2 you got wrong. From memory, it says something like "express the cheaper price as a percentage of the RRP" hence a 24% discount = 76% of the original RRP.

It says "Find the discount as a percentage of the recommended retail price" ...so im not sure if ive done it right :S im shit with wording of questions

You are right.

[taylor tay bags]

Business question 2 you got wrong. From memory, it says something like "express the cheaper price as a percentage of the RRP" hence a 24% discount = 76% of the original RRP.

b. If Rebecca borrows the $250 from the store's finance company she will pay $6 interest per month'
Calculate the annual flat interest rate charged. Write your answer as a percentage correct to one decimal
place.


72/250 = 28.88 rounded to 28.9%

[cleo_xo]

For module 4, 5b. $41133 but i got 61133.38, i did 151133.38 - (60+ 1500) is that right?