Advanced compute option

An advanced compute option is a code used to create breakpoints and corresponding percentages used for the calculation of lease payments. The advanced compute option code is used in conjunction with the compute statement created on the payment schedule. An advanced compute option is used to perform additional calculations to the value returned from the compute statement.

The amount to be added to the lease payment is based on how the sale amount, or whatever amount the user wants to use, falls within the predefined breakpoints.

For example, the user can establish these breakpoints and corresponding percentages:

Breakpoints	Percent
$ 5,000	1.5%
$ 8,000	1.0%
$12,000	0.5%

If the value that is derived from the compute statement is $10,500, then the lease payment after the advanced compute option applied equals $70 [((8,000 - 5,000) * .015) + (10,500 - 8,000) * .01)].