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Identify the number of the monthly payments on the lease. Then subtract the residual value from the net capitalized cost. Divide the resulting number by the number of payments. The result is the depreciation portion of the lease payment. For example, you lease a new car for three years.
Using the present value formula, the calculation is $2,200 (FM) / (1 +. 03)^1. PV = $2,135.92, or the minimum amount that you would need to be paid today to have $2,200 one year from now.
FM = the future value of money. PV = the present value. I = the interest rate or other return that can be earned on the money. T = the number of years to take into consideration. N = the number of compounding periods of interest per year.
Present value is the value right now of some amount of money in the future. For example, if you are promised $110 in one year, the present value is the current value of that $110 today.
9:47 11:24 Suggested clip how to compute for present value factor and future value factor using YouTubeStart of suggested client of suggested clip how to compute for present value factor and future value factor using
Step 1: Create your table with headers. Step 2: Enter the correct numbers in the Period column. Step 3: Insert the PV function. Step 4: Enter the Rate, Per PMT and FM. Step 5: Sum the Present Value column.
0:49 2:13 Suggested clip Excel Tutorial Tip 1 — Copy Formula Down Column. Excel Training YouTubeStart of suggested client of suggested clip Excel Tutorial Tip 1 — Copy Formula Down Column. Excel Training
In this video, I'm going to show you a little trick that could come in handy when you're copying formulas from   one range to another range, and you don't want  the cell references to change. So now, I'm not   talking about the Dollar Sign to fully fix the  cell references because sometimes, you have a   mix of relative and absolute referencing in your  formulas. And normally, when you copy one Range to   another, you do want these relative references  to update. But, there might be a reason that you   don't want that to happen. So, one way is like to  go in the Formula Bar, copy the Formula, and paste   it to another Cell. So, for one cell, that's fine.  But what if you have a lot of cells and they   use different relative referencing, right? So, that's  going to become a major headache. So now, I'm going   to show you one trick that you can use to handle  just that. Here's a sample Dataset. We have numbers   that are input in this Range, and we have Formulas  in here. Now, the formulas are different formulas,   so we have a different set in here than what we  have in here. Let's take a look at what's inside.   Here, we're calculating the Variance Actual  to Previous Year. Okay, so we need these two   columns for Revenue, and when we pull it across,  we get that for Profit as well. Okay, so in this   case, this set is identical. We can pull it across  and we can pull it down. But this set right here,   that's different because that's Actual to Budget,  right? So, we can't copy this over here because then,   that would be Previous Year to Budget, right? And  we want Actual to Budget. Now, what we want to do   is this. We want to be able to copy this whole  area and paste it down here, but still maintain   the Original References because check this out.  Excel updates the references, right? And in most   cases, it's good that it does that because that's  what we want. But let's say, in this specific case,   we don't want that. We wanted to keep the original  references. Now, one way to handle this is that you   copy the Formula from the Formula Bar or you press  F2, and you go in Edit Mode, and you copy this. Then,   you go to the cell where you want your formula  in. You go in Edit Mode or you go to the Formula   Bar, and you paste it, and when you press Enter, then you get the correct formula. But, this can   be quite time-consuming if you have different sets  of formulas like I have in the sample data. And it   can be a bit risky as well because you might not  be aware that this formula is actually different   to this set. So, you might just do it for one of  them, and then copy all the way across and all   the way down, and actually change the numbers. So,  here's what you can do. I'm just going to remove   this. Highlight the area that you want to copy,  then press Ctrl+H, which takes you to Replace, or go   to Home, Find and Select, Replace. What we're going  to look for is the Equal Sign, and we're going to   replace it with some text that...

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