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How do I calculate a lease?
I have a lease and used the Loan Calculator template, but when it came time
to balance at the end of the year I was several thousand dollars off what the lender said the balance was... The amount amount I used is 71,445 @ 8.88% with monthly payments of 1,479.28 for 60 months. But then I read the agreement (imagine that) and it showed 66,000 financed @ 8.88% plus sales tax of 112.75 per month. Any suggestions? By the way I am an intermediate user so please don't get tooooo technical. Thank you very much CASuziqQ |
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