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Article #53

Lease Formula

#53
From: Rod & Shannon Smith
Date: Sat, 14 Nov 1998 00:00
21 lines
1159 bytes
Hi,

Would like to know if anyone can figure out the math for the Ford
Lease.

On the form, they take the net price multiply it with an acquisition
factor to give A
They then take the Actual lease end value and multiply it by a lease
end factor to give B.
To get the Monthly payments, A-B.
What I would like to know, is where or how does a person figure out
those two factors!
What I am really after is a way I can just enter a few details of the
lease on a spreadsheet,
and basically come up with a monthly payment.

Any, and all help is much appreciated. Even if someone knows if there
is software already
out, and can point me in that direction would be great too!

Please Email me: rlsmith@atcon.com
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From: rodsmith@nf.sympatico.ca (Rod & Shannon Smith)
Subject: Lease Formula
Date: 1998/11/14
Message-ID: <364dbcc8.0@209.128.1.3>
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Organization: Bell Solutions
Reply-To: rodsmith@nf.sympatico.ca
NNTP-Posting-Date: Sat, 14 Nov 1998 12:27:39 EDT
Newsgroups: can.schoolnet.math.sr