PCP figures

Author
Discussion

carlpea

Original Poster:

381 posts

140 months

Saturday 25th March 2017
quotequote all
Could someone explain how these figures add up?



0% APR I work it out to be £678.74 per month.

carlpea

Original Poster:

381 posts

140 months

Saturday 25th March 2017
quotequote all
Sheepshanks said:
There's only 47 payments.
Idiot! Thanks, I thought it would be something stupid :|.

carlpea

Original Poster:

381 posts

140 months

Saturday 25th March 2017
quotequote all
RL17 said:
You need to divide by 47 for the smaller monthly payments as the final 48th payment is the £31,420.
Thanks I've now realised the error on my part.