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Doubt regarding finance charges in the pic In the top it is given assuming zero residual value but at 5th year 25000 of guaranteed residual value is added why is it could you please help me sir
Answers (4)
Thread Starter
SREEABITHA SENTHILKUMARSir I could not understand what concept should I understand here
The example shows how would finance charge be allocated over lease period. Assume zero residual value means zero UGR here