Car Lease Payments
i=
m=
i/m =
n=
n*m =
PVIF =
PVIF annuity due =
Car Price =
Down Payment =
Buyout =
PMT =
0.072
1
0.072
3
3
0.811738
2.614756
40000
0
20000
yr
1
2
3
4
5
payment
2983.16
2983.16
2983.16
2983.16
2983.16
int
repaymentbal
1500 1483.16 8516.84
1277.526 1705.634 6811.206