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Our customers helped define this new publication in an effort to trim all their payment quoting down
into one compact book. Plus they wanted more information to show new people how to calculate lease
payments.
Installments for:
- 1. Fair Market Value Purchase Option
- 2. $1.00 Purchase Option / Retail Installment Contract (RIC)
- 3. 10% Guaranteed Residual
- 4. Finding a Yield
- 5. Calculation of a Lease Payment
| Scope
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| Yield Rates |
5% to 12% by 1/4% 12 1/2% to 21% by 1/2% 22% to 25% by 1% |
| Payments in Advance |
0,1,2,3,4,5,6,7,8,9,10 |
| Residuals |
0%, 5%, 10%, 15%, 20%,
25%, 30%, 35%, 40% and 50% |
| Terms 12, 24, 30, 36, 42, 48, 60, 72, 84, 96, 108, 120 months |
| Payments |
per $1,000 to 2 decimal places |
| Size |
4 x 6 3/4 inches, 116 total pages |
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