Timeline for Why is the residual added to the capitalized cost of a vehicle to compute the lease's rent charge
Current License: CC BY-SA 4.0
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| Jul 18, 2022 at 2:53 | comment | added | PurpleVermont | Thank you, very helpful. I had a feeling adding back the residual had something to do with getting to the average amount you were paying interest on, but I didn't take into account that of course you'd be paying interest on a declining balance from 30K to 16K and not from 14K to 0. | |
| Jul 18, 2022 at 2:51 | vote | accept | PurpleVermont | ||
| Jul 18, 2022 at 0:53 | history | answered | Solarflare | CC BY-SA 4.0 |