my rate factor is .03235 for 36 month lease what is my interest rate ?


H

herman

cost of item: $26500
lease term 36 months
$ 1 buy back at end of lease
rate factor: .02325

what is my annual interest rate ?



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N

news

herman said:
cost of item: $26500
lease term 36 months
$ 1 buy back at end of lease
rate factor: .02325
Post says "rate factor: .02325"

Header says "rate factor is .03235"

Which rate factor is to be used?
 
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P

Pico Rico

news said:
Post says "rate factor: .02325"

Header says "rate factor is .03235"

Which rate factor is to be used?
first - what is a rate factor?
 

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