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  Lease Vs. Buy

Cost Savings:   Suggestion Form



Last Updated: 07/02/2003

Calculate "Lease" versus "Buy"
Enter the desired values and press the 'compute' button..  
Step 1: Calculate Present Value of Lease Payments
Monthly Lease payment $
Potential Interest Earned (%) for Present Value Calculation
Use 4% at this time.		    
Number of monthly Lease payments    
   
Step 2: Calculate Buyout at end of Lease Period
Buyout or Fair Market Value of Item @ end of Lease Period
  $
 $
Step 3: Calculate Purchase Vs Lease
Purchase Price  $
Total Payment at Lease Inception (when applicable)  $

(If positive amount, purchase is more cost effective) 		   
 
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