Initial present value of lease calculation
(Doc ID 2382382.1)
Last updated on MAY 16, 2021
Applies to:Oracle Fusion Assets Cloud Service - Version 18.104.22.168.0 and later
Information in this document applies to any platform.
I'm trying to understand how the system calculates the present value of a lease ?
On lease ABC3, it has a periodic lease payment about of 1,120 over 60 months/payments.
The present value was calculated as 50,349.60. I was expecting the present value to be 67,200 as that is 1,120*60 ?
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