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01-05-2019, 10:05 PM
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#37
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Major 
Drives: GTF80,718GT4,TVG80,G05X5
Join Date: Jun 2012
Location: NY
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Quote:
Originally Posted by TheBingoBalls
He's not wrong, he just answered what was asked:
Which is finance charge = (Capitalized cost + Residual Value) x money factor. Of course this is only one part to calculating your lease payment before taxes and taxable products. Depreciation cost is still required.
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Yes exactly
Thank you!
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