Examples of Effective Interest Rate in a sentence
Upon such extension of this Lease Purchase Agreement, the principal and interest components of the Rental Payments shall be established so that the principal components will, in the aggregate, be sufficient to pay all unpaid principal components and the interest components will be sufficient to pay all unpaid interest components plus interest on the extended principal components at the Effective Interest Rate, computed on the basis of a 360-day year composed of twelve 30-day months.
WITNESS my hand and official seal (Seal) SIGNATURE OF NOTARY PUBLIC EXHIBIT A SCHEDULE OF RENTAL PAYMENTS PaymentDate Principal Portion Interest Portion Total Payment Total Effective Interest Rate: 2.655% EXHIBIT B DESCRIPTION OF THE FACILITIES The Facilities shall consist of Coronado Village Elementary located at 000 0xx Xxxxxx, Xxxxxxxx, Xxxxxxxxxx.