Initial present value of lease calculation
(Doc ID 2382382.1)
Last updated on APRIL 26, 2024
Applies to:
Oracle Fusion Assets Cloud Service - Version 11.13.17.11.0 and laterInformation in this document applies to any platform.
Goal
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 ?
Solution
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In this Document
Goal |
Solution |