delancey
Senior Member
145m fee/5=29m amortization cost per year.
1 year left (29m), if he extends for 4 more years: 29m rest amortization/4=7.25m... meaning we have roughly 20m more on paper (for FFP)... it's absurd.
Or 145 fee/60 months = 2.42 m per month
2.42m * 54 months = 130.5m amortized to date
145m fee - 130.5m = 14.5m still to be amortized.
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