Mathematics, 06.05.2020 21:59 probablyacommunist
You decide to lease a car for 36-month lease with a $29,000 MSRP, a 79% residual value, and a money factor of .00365.What is the residual value? Use the formula: Residual Value = (MSRP)(% of original MSRP as a decimal)?
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You decide to lease a car for 36-month lease with a $29,000 MSRP, a 79% residual value, and a money...
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