ACC309 Milestone 2 Calculations.pdf - HOME Capital Leases Years 1 2 3 4 5 6 Lease Payment \$ 20,000.00 \$ 20,000.00 \$ 20,000.00 \$ 20,000.00 \$ 20,000.00 \$

# ACC309 Milestone 2 Calculations.pdf - HOME Capital Leases...

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Capital Leases Years Lease Payment Discount Rate Present Value Discounted Amt 1 20,000.00 \$ 0.952381 19,047.62 952.38 \$ 2 20,000.00 \$ 0.907029 18,140.58 1,859.42 \$ 3 20,000.00 \$ 0.863838 17,276.76 2,723.24 \$ 4 20,000.00 \$ 0.822702 16,454.04 3,545.96 \$ 5 20,000.00 \$ 0.783526 15,670.52 4,329.48 \$ 6 20,000.00 \$ 0.746215 14,924.30 5,075.70 \$ Lease Obligation 101,513.82 Total 18,486.18 \$ Present Value 101,513.82 \$ Implicit Interest Rate 5% 1 20,000.00 \$ 5,075.69 \$ 14,924.31 \$ 86,589.51 \$ Purchase price 101,513.82 2 20,000.00 \$ 4,329.48 \$ 15,670.52 \$ 70,918.99 \$ Salvage value - 3 20,000.00 \$ 3,545.95 \$ 16,454.05 \$ 54,464.94 \$ Depreciable value

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