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In general the lease rate you can obtain varies and depends on your credit worthiness. Those who have excellent credit can obtain a great, while those who have bad credit may not be approved.

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14y ago

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How do you calculate lease liability?

To calculate lease liability, first identify the total lease payments over the lease term, including fixed payments, variable payments that depend on an index, and any residual value guarantees. Then, determine the discount rate, which is typically the interest rate implicit in the lease or the lessee's incremental borrowing rate if the implicit rate is not readily determinable. Finally, present value these lease payments using the discount rate to arrive at the total lease liability.


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