Hedged fuel price

[ban2]

My hedge manager tells me I am paying 257 + 7.4%.

However on fuel page it says I am paying 276?

What am I missing? Because that equation does not equate for me.

[Luperco]

257 plus 7.4% is exactly 276.018 (257 * 1.074).


Seems ok to me.

[ban2]

Ok this is a time my mental arithmetic let me down, should have used a calculator

Thanks for the quick response 

Lesson learnt.