Early settlements discount

This topic has 1 reply, 2 voices, and was last updated 11 years ago by John Moffat.

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April 14, 2015 at 6:50 pm #241307
Robert
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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
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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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