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Merge pull request #40 from defactor-com/perf/general
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docs(lease-agreement): rename file, add missing content and remove un…
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xavier506 authored Jan 2, 2024
2 parents 0f57f7d + 917fa57 commit c49de24
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4 changes: 1 addition & 3 deletions docs/rwa-use-cases/lease-agreement/intro.md
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---
id: lease-agreement-outline
title: Lease Agreement Use Case
title: Overview
sidebar_position: 1
---

## Overview

This service digitizes the vehicle lease agreement process, enabling electronic interactions with the contract. It facilitates data entry, validation, storage, and retrieval of contract details, tailored for Angular front-end and Node.js backend with MongoDB.

## System Architecture
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Expand Up @@ -491,7 +491,7 @@ Payment Information:

- constant interest rate: `5%` + `pool fee`
- initial payment: `$5,284.00`
- monthly payments: `$587.11` + `$29.36` + `pool fee` = `$616.47`
- monthly payments: `$587.11` + `$29.36` + `pool fee` = `$616.47` + `pool fee`
- late fee: `5%` of the monthly payment amount
- excess mileage charge: `$0.1` per mile over the limit
- lease termination fee: `80%` of the remaining payments, with a minimum fee of `10%` for each remaining month
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