The new thread.
Like for eg. FV of an asset held under finance lease is 25000. Initial deposit 2000 and payments of 6000 at every year end for 5 years
now here the pv is 24740 as per my calculations which is hopefully correct but still fv seems to have been taken as asset value in the answer scheme.
Ask the Tutor ACCA FR
Finance Leases
10y ago#1I've just answered this under the other thread - I agree with your calculation (I get to 24,745) but you're not expected to recalculate it!
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