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finance lease

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › finance lease

  • This topic has 1 reply, 2 voices, and was last updated 13 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • March 31, 2012 at 2:08 am #52058
    ayana89
    Member
    • Topics: 11
    • Replies: 2
    • ☆

    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 🙂

    March 31, 2012 at 10:51 am #95947
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    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!

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