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Leases-Initial Present Value Calculation

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edited Dec 2, 2020 1:09PM in Assets 7 comments

Summary

Leases-Initial Present Value Calculation

Content

Our lease payment is 1923.32, Interest rate is 3.93291780821918 for a term for 60 months , lease start date is 1st May 2019. How is initial present value calculated  in Oracle? We are seeing 104,949.20 for initial present value, cost and present value in Oracle

Also is initial present value, cost and present value the same ?

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