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2023-05-07
I used the free trial to compile rent due ledgers for the ************** requirement. I did not cancel on time and was charged $180 dollars. I reached out to support and ****** returned my email within minutes. I provided my information to customer service specialist ****** and he fixed the problem. There wasn't any back and forth emails. It was straight to the point. Thank you ****** for being quick and professional.
2022-04-05
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2020-12-11
definitely easy to use. however some date fields do not have the "calendar" option, so you are forced to manually enter the date. That could be made easier.
2020-05-21
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How do you calculate the present value of a lease?
1:35 7:17 Suggested clip Compute the Present Value of Minimum Future Lease Payments YouTubeStart of suggested client of suggested clip Compute the Present Value of Minimum Future Lease Payments
What is the formula for present value?
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.
How do you calculate present value?
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.
What is the formula for future value?
The Future Value Formula PV is the present value and INT is the interest rate. You can read the formula, “the future value (FBI) at the end of one year equals the present value ($100) plus the value of the interest at the specified interest rate (5% of $100, or $5).”
What is Present Value example?
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.
What is the present value of minimum lease payments?
Example of Minimum Lease Payments and Present Value The minimum lease payment per month is $3,000 per month or $36,000 per year. Lessors also charge interest as compensation for leasing their equipment. In this case, the interest rate is 5% per year, or 5%/12 = 0.417% per month.
How do you calculate the present value of minimum lease payments?
1:35 7:17 Suggested clip Compute the Present Value of Minimum Future Lease Payments YouTubeStart of suggested client of suggested clip Compute the Present Value of Minimum Future Lease Payments
What is the present value of the lease payments?
P4 Present Value Formula SUM[P/(1+r)n] = the total amount paid over the lease term, discounted for the interest rate.
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