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Dear Sir,
May I ask you a question related to example 1 (Chapter 1)?
The question relates to unrolled discount on deferred consideration.
Could you please be so kind to explain how to get 1750$?
Thank you very much.
Kind regards,
VitaliyFrom memory, this is 30,000 x 10% x 7/12 (time apportioned) = $1,750
Ok?
Dear Mike,
Yes, now I understood! Thank you very much.
All the best from Vitaliy
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