Hi Folks...need a little help.
I'm looking for a formula that will calculate a lease payment.
The variables are:
Price
Residual Value (Future Value)
Term (In years)
Payment Frequency (Annual or Semi - IN ADVANCE)
Interest Rate
Payment
Any assistance would be greatly appreciated.
Regards - David Bird
I'm looking for a formula that will calculate a lease payment.
The variables are:
Price
Residual Value (Future Value)
Term (In years)
Payment Frequency (Annual or Semi - IN ADVANCE)
Interest Rate
Payment
Any assistance would be greatly appreciated.
Regards - David Bird