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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 🙂
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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