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 Lease Rollover Certification Form 2023-2025

2023-2025 Form

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fill the first columns with numbers 1-48 the second column is to compute the date of each payment we will use the function e-date the first argument is the least commencement date the second argument is the payment number -1 the opening balance of the first line item should be the pv we computed earlier there will be no interest for the first payment because it is made exactly on the lease commencement the formula for payment is minus sign the payment command indicated above press f4 to make the reference absolute the ending balance will be the sum of the columns before the second line item and onwards the opening balance will be the ending balance of the previous period the interest will be the opening multiplied by the incremental borrowing rate per month make the reference to ibr absolute by pressing f4 the formula for payment and ending balance is the same as the first line then we copy the second line to the rest of the rules

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