April 2012 exam question 13

Discussion in 'CT5' started by Patrova01, Mar 31, 2017.

  1. Patrova01

    Patrova01 Active Member

    hi

    may someone explain why in solution when calculating the EPV of expenses , the renewal expense increases by 5 per annum starting from 70,When the question States that the renewal expense starts at 75.

    is there something I may be missing?

    Thanks
     
  2. deepakraomore

    deepakraomore Member

    Here i am referring examiner report.
    upload_2017-3-31_12-48-1.png
     

Share This Page