Enter the lease value ($) and the total amount paid ($) into the Lease Rate Calculator. The calculator will evaluate the Lease Rate.
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Lease Rate Formula
The following two example problems outline the steps and information needed to calculate the Lease Rate.
LSR = LV / AP *100
- Where LSR is the Lease Rate (%)
- LV is the lease value ($)
- AP is the total amount paid ($)
To calculate the leasing rate, divide the lease value by the amount paid.
How to Calculate Lease Rate?
The following example problems outline how to calculate Lease Rate.
Example Problem #1:
- First, determine the lease value ($).
- The lease value ($) is given as: 1,000.
- Next, determine the total amount paid ($).
- The total amount paid ($) is provided as: 2,000.
- Finally, calculate the Lease Rate using the equation above:
LSR = LV / AP *100
The values provided above are inserted into the equation below and computed.
LSR = 1000 / 2000 *100 = 50.00 ($)
Example Problem #2:
For this problem, the variables required are provided below:
lease value ($) = 6,000
total amount paid ($) = 10,000
Test your knowledge using the equation and check your answer with the calculator..
LSR = LV / AP *100 = ?
