graduated lease pmt calculations

February 18, 2014 at 07:53:45
Specs: Windows 7
I am trying to calculate a graduated lease. The set monthly rent will be $800 mo. The lease term will be 2 years. That= a leae term total of $21,900.I want the lease to start out at $600. per month and go up every 6 months to equal the total of $21,900 for the lease term but I don't know how to make the calculations.

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February 18, 2014 at 14:21:42
I'm confused. A 2 year lease at a "set monthly rent" of $800 = $19,200.

24*800 = 19,200

What am I missing?

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