Answer:
X= 6/7
Step-by-step explanation:
Answer:
$10,560
Step-by-step explanation:
Given the MSRP as $22,000 and the residual value as 48%, the residual value of the car can be calculated as:

#Hence, the car's residual value at the end of the lease period is $10,560
The nearest hundred would be 0 since the hundreds place is three digits to the left of the decimal point. However, I think you might mean "nearest hundredths" which would refer to the place two digits to the right of the decimal point.
The nearest hundredths is 14.60