Page 106 - Microsoft Word - 00 IWB ACCA F7.docx

Chapter 9

Example 1 cont.

Balance Paid Net Interest Balance
b/f @ 10% c/f

31 March 20X8 750,000 (215,000) 535,000 53,500 588,500
31 March 20X9 588,500 (215,000) 373,500
(CL) (NCL)

Illustrations and further practice

Now try TYU 2 from Chapter 9.

100