[Arslan]

yayplanet97 lol its been 2 years since i passed my acca. you came late :p

[Arslan]

Oh yea thanks. now fine.

[Arslan]

So can you paste me link here of the article you have written? Better then searching google though!

[Arslan]

Okay so can you explain me only for the second year, which you have told as 266 above. i can trace down it to calculate others.

[Arslan]

@johnmoffat said:
So for 20×6, the short-term loan as 20×5 was 266, and so the interest is 7% x 266 = 18.6.

So the total interest for 20×6 is 46.4 + 18.6 = 65.

It is the same calculation for each of the later years.

Fair enough . Cant get how you got the closing figure for 20×6 figure which is 266. Explain this and also for the rest of years. In Fact explain this figure for all the 4 years.

Will be really thankful.

[Arslan]

I tried it. But failed. Tried it n failed that is why i posted. Confused between grant n ppe. Im just struck at the value of 7 n satisfied bit of with grant. It ll be great if u ellaborate it briefly.

[Arslan]

Means i have to repost it again?

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