var monthFactor = moneyFactor * 2400 / 365;
\nvar apr = monthFactor + (0.00174 * 12);\n\nThis is the accurate formula. Here is the calculator:\n\n
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Calculate Money Factor to Interest Rate (APR)
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Use this calculator to easily convert any car lease money factor to a standard APR percentage. This tool is perfect for comparing different lease deals and understanding the true cost of borrowing.
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\n \n \n Enter the money factor provided by the leasing company.\n
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