SAMPLE SPOT PAYMENT COMPUTATION

SPOT CAMPAIGN
(Note: You just need to fill in the following data highighted in YELLOW and automatically the excel will compute the discounts)

TCP 3,000,000
MCC & VAT 360,976
2,439,024
360,976
SPOT CON DISCOUNT RATE 10%
SPOT DP DISCOUNT RATE 15%
SPOT CASH DISCOUNT RATE 15%
RESERVATION FEE 40,000

SPOTCASH DEFERRED CASH IN-HOUSE

SPOTCASH 3,000,000 20% SPOT DP 600,000 20% SPOT DP 600,000
LESS LESS LESS
MCC (the whole MCC amount) 360,976 MCC (20% of the MCC amount) 72,195 MCC (20% of the MCC amount) 72,195
RES FEE 40,000 RES FEE 40,000 RES FEE 40,000
NET CONTRACT PRICE 2,599,024 NET CONTRACTING AMOUNT 487,805 NET CONTRACTING AMOUNT 487,805
DISCOUNT RATE 15% DISCOUNT RATE 15% DISCOUNT RATE 15%
DISCOUNT AMOUNT 389,854 DISCOUNT AMOUNT 73,171 DISCOUNT AMOUNT 73,171
BALANCE TO BE PAID BALANCE TO BE PAID BALANCE TO BE PAID

SPOT CON AMOUNT 3,000,000 SPOT CON AMOUNT 600,000 SPOT CON AMOUNT 600,000
LESS LESS LESS
RES FEE 40,000 RES FEE 40,000 RES FEE 40,000
DISCOUNT AMOUNT 389,854 DISCOUNT AMOUNT 73,171 DISCOUNT AMOUNT 73,171
BALANCE 2,570,146 BALANCE 486,829 BALANCE 486,829
NOTE: BALANCE IS PAYABLE WITHIN 7 DAYS FROM NOTE: BALANCE IS PAYABLE WITHIN THE MONTH OF NOTE: BALANCE IS PAYABLE WITHIN THE MONTH OF
THE RESERVATION DATE RESERVATION RESERVATION

80% BALANCE 2,400,000 80% BALANCE 2,400,000

MONTHLY AMORTIZATION 133,333 5 YRS IN HOUSE FINANCING 62,258
(18 MONTHS W/O INTEREST) @ 19% INTEREST