Discount Factor (Meaning, Formula) | How to Calculate?
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Money factors determine the “rent charge” on a car lease and are model specific. They determine the cost of borrowing the car itself, but they are not traditional interest rates which are used when borrowing money. Caring about and asking about the money factor on a lease is totally OK and we are happy to provide it! The specific point of this video was pointing out that saying “money is no object” and then asking about the money doesn’t make sense to me. But, hey; that’s just me! What are your
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