A company is thinking about some machines renting for manufactury; The lease have an mount of 1800 EUR ( no advance payment due when signing) a residential value of 500 EUR and 36 monthly payments. The lease have 7.8% interest every year. Calculate how much are your monthly payments in SEK. 1 EUR = 23 SEK Note ! Result should be rounded to 2 decimal places
A company is thinking about some machines renting for manufactury; The lease have an mount of 1800 EUR ( no advance payment due when signing) a residential value of 500 EUR and 36 monthly payments. The lease have 7.8% interest every year. Calculate how much are your monthly payments in SEK. 1 EUR = 23 SEK Note ! Result should be rounded to 2 decimal places
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A company is thinking about some machines renting for manufactury;
The lease have an mount of 1800 EUR ( no advance payment due when signing) a residential value of 500 EUR and 36 monthly payments.
The lease have 7.8% interest every year.
Calculate how much are your monthly payments in SEK.
1 EUR = 23 SEK
Note ! Result should be rounded to 2 decimal places .
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Hello,
Everytime I make the calculation of the attached pic from step 2 I found different value than " = 438.67 "
Can you make it more detailed preferably into several steps of to make it easier for calculation ?
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