Answer
Residual value
Work Step by Step
The estimated resale value of a car at the end of its lease is called the car's residual value.
Thinking Mathematically (6th Edition)
by Blitzer, Robert F.
Published by
Pearson
ISBN 10:
0321867327
ISBN 13:
978-0-32186-732-2
Chapter 8 - Personal Finance - 8.6 Cars - Concept and Vocabulary Check - Page 546: 3
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