08-18-2006, 06:24 PM
Ok i will further try to clarify the issue.
anyways the treatment regarding the expenditure incurred evenly throughout the years is as follows
First u divide the whole expense by 12 and then calculate interest by applying 12 month interst on that figure, then 11 month interest, then 10 month and so on.
I will look at ACCA solutions to clarify the other issue.
anyways the treatment regarding the expenditure incurred evenly throughout the years is as follows
First u divide the whole expense by 12 and then calculate interest by applying 12 month interst on that figure, then 11 month interest, then 10 month and so on.
I will look at ACCA solutions to clarify the other issue.