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n How do you arrive at a figure of .9

2nd May 1969, Page 157
2nd May 1969
Page 157
Page 157, 2nd May 1969 — n How do you arrive at a figure of .9
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Which of the following most accurately describes the problem?

per cent interest on capital in your 1968 Tables of Operating Costs?

AThe interest figure is obtained by taking

the current bank rate at the time the tables are compiled and adding one-and-ahalf per cent service charge to give a figure that the banks would charge.

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