Several payments in advance

Learning objectives

• Calculate the rate for each payment when there are multiple payments or receipts in advance.L3

Normative references

The syntheses of the reference register are written in French: only the paragraph reference is shown here.

1 question

• Maresq pays two advances in dollars for the same contract: {advance_1} when the spot rate is 0.90 euro per 1 dollar, then {advance_2} when it is 0.93 euro. Calculate the total amount in euros of the prepayment assets.L3