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Cnap 23 example 9 explanation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Cnap 23 example 9 explanation

  • This topic has 1 reply, 1 voice, and was last updated 1 month ago by Joseph.Andrews.
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  • August 11, 2023 at 11:56 pm #689774
    Joseph.Andrews
    Participant
    • Topics: 47
    • Replies: 24
    • ☆☆

    In chap 23 example 9 we calculate the future liability to its current present value using the discount rate so what is the point of calculating the PV of future liability ($21.840m) ??

    Why do we calculate the PV of future liability because we have borrowed the money today but we have a liability in the future to be paid like a loan where we lets say borrowed $150,000 and we have to make monthly payment for the borrowed money so why are we calculating its current present value?

    Can you please explain?

    August 13, 2023 at 6:43 am #689817
    Joseph.Andrews
    Participant
    • Topics: 47
    • Replies: 24
    • ☆☆

    Sorry i posted in the wrong forum!

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