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Author Topic: Hedged fuel price  (Read 264 times)

Offline ban2

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  • Posts: 145
Hedged fuel price
« on: October 23, 2016, 05:55:31 AM »
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.

Offline Luperco

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The person who likes this post:
Re: Hedged fuel price
« Reply #1 on: October 23, 2016, 09:10:41 AM »
257 plus 7.4% is exactly 276.018 (257 * 1.074).


Seems ok to me.
Saluti
Emanuele


Offline ban2

  • Members
  • Posts: 145
Re: Hedged fuel price
« Reply #2 on: October 23, 2016, 10:37:27 AM »
Ok this is a time my mental arithmetic let me down, should have used a calculator :-[

Thanks for the quick response  :)

Lesson learnt.

 

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