I seem to agree with you, but I think how you arrived to 11.12% is wrong. Did you divide 3000/27000? You can´t do that, since you won´t have 27000 unless you get those 3000 dollar extra. Shouldn´t you do 3000/24000 = 12,5%?
I seem to agree with you, but I think how you arrived to 11.12% is wrong. Did you divide 3000/27000? You can´t do that, since you won´t have 27000 unless you get those 3000 dollar extra. Shouldn´t you do 3000/24000 = 12,5%?