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Early settlements discount

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Early settlements discount

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  • April 14, 2015 at 6:50 pm #241307
    Robert
    Member
    • Topics: 58
    • Replies: 175
    • ☆☆☆

    Hi john,

    I have posted a question on another topic which you probably haven’t seen regarding the formula for percentage cost of an early settlement.

    Are there two formulas? And when would you use one rather than the other

    The question is here

    https://opentuition.com/topic/annual-effective-cost-of-discount/

    Thanks

    Robert

    April 15, 2015 at 7:39 am #241350
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54753
    • ☆☆☆☆☆

    Sorry – I did not see it because it was not in this Ask the Tutor Forum (the other forum is really for students to help each other, so I do not always see questions there).

    I have now answered it anyway 🙂

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