[FS] How to work out the finance change on a fiance lease?
topcat
Registered Posts: 452
Hi all,
i am baffled by this the minimum lease repayments are £28,000 so where does the £36,000 come from i can not figure it out...
Any help much appreciated
i am baffled by this the minimum lease repayments are £28,000 so where does the £36,000 come from i can not figure it out...
Any help much appreciated
0
Comments

28,000 is the present value of the lease payments, but the question tells you that they will actually be paying 4 lots of £9000, which is a total of £36,000.0

28,000 is the present value of the lease payments, but the question tells you that they will actually be paying 4 lots of £9000, which is a total of £36,000.
Thanks very much NPS :001_smile:
what is the difference between present value of min lease repayments and minimum lease repayments?
Is the present value using discounted cash flow or something?
Never struggled this much with a unit!0 
Yes it is.0
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