Credit Management Exam Help

sophie_612
sophie_612 LondonRegistered Posts: 132
Hi, can anyone else how to work this put please?
Thanks
Sophie



Comments

  • Pian32
    Pian32 MAAT Posts: 464
    2 months to consider.
    Month 2:
    80% will have already paid so 20% left

    £105,000 * 0.2 = £21,000

    Month 3:
    80% will pay this month and then get a 1.5% discount

    £136,000 * 0.8 * (0.985) = £107,168

    Add them together

    £128,168
    AAT Level 4, MAAT
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    sophie_612
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