Enter the lease value (\$) and the total amount paid (\$) into the Lease Rate Calculator. The calculator will evaluate the Lease Rate.

## 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 (\$)

## How to Calculate Lease Rate?

The following example problems outline how to calculate Lease Rate.

Example Problem #1:

1. First, determine the lease value (\$).
• The lease value (\$) is given as: 1,000.
2. Next, determine the total amount paid (\$).
• The total amount paid (\$) is provided as: 2,000.
3. 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