Skip to content
Sign inRegister

Ask the Tutor ACCA SBR

finance lease

Aayana8914y ago
hye everyone.i hope someone can help me.
how to calculate interest for finance lease if they give
1. the date of purchase and cost.
2.months for rental.

thanks.please help me :)
MikeLittleMikeLittleTutor14y ago#1
If it helps at all, I don't ever remember seeing a P2 question which asked you to calculate finance lease interest based on date of purchase, cost of asset and lease term.

Not only will this not happen in an exam ( probably ), it will will certainly not happen in real life!
Sign into reply to this topic.