Page 512 - Microsoft Word - 00 CIMA F1 Prelims STUDENT 2018.docx

Chapter 25

Solution
1.

$1m
––––– × 365 = 18 days
$20m
2.
$1.3m
––––– × 365 = 21 days
$23m

3.
$2m
––––– × 365 = 29 days
$25m
4.

$4m
––––––––– × 365 = 61 days
$30m × 80%

5.
$2m
––––– × 365 = 41 days
$18m

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