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time value of money

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › time value of money

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by Tax Tutor.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • September 26, 2016 at 9:19 pm #341808
    tayyabumer
    Participant
    • Topics: 7
    • Replies: 7
    • ☆

    On March 5th, a couple took out a 90-day loan for $450 at 9% interest. On March 29th, they made a partial payment of $150. After making the payment, how much did they still owe?

    After several trails for half an hour, i have failed to answer the question. kindly explain me along with providing the answer

    thanks

    September 27, 2016 at 12:24 pm #341883
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    I think you have posted this on the wrong forum – this is the F6 UK Tax forum!

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