Question

Assuming noah made 6-month payments on its wood purchases from indonesia, what is the schedule of foreign currency amounts over time?

Answer 1

In the event that wood is purchased and used equally throughout the year, a 6-month installment would essentially represent a sizable chunk of the yearly assessed purchase. Indonesian wood purchases projected annually

• 2010: 5.16 million m2 over six months period or 2.58 million m2

• 2011: 3.41 million m2 over a six-month period or 6.81 million m2.

• 2012: 4.50 million m2 over a six-month period, or 8.99 million m2.

• 2013: 5.93 million m2 over a six-month period or 11.87 million m2.

• 2014: 7.83 million m2 over a six-month period or 15.67 million m2.

• 2015: 20.68 million m2 or 10,340,000 m2 for a full six months.

What are monthly instalments?

Monthly Instalment means any outstanding balance, transaction amount or cash advances that has converted into monthly instalment that needs to be paid in full and forms part of the monthly minimum amount due.

Learn more about Instalment

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