1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Maurinko [17]
2 years ago
11

Sam leases a car for 24 months. The car will cost him $7,000 if he decides to buy it at the end of the lease. What term describe

s the $7,000? A. interest B. residual value C. lease amount
Mathematics
2 answers:
Keith_Richards [23]2 years ago
7 0

Answer:

Term that describes  $7,000 is:

B. residual value

Step-by-step explanation:

We are given that:

Sam leases a car for 24 months. The car will cost him $7,000 if he decides to buy it at the end of the lease.

Then the term that describes $7000 is

B. residual value

(Since,  The residual value is the estimated value of a fixed asset at the end of its lease or at the end of its useful life.)

Yuliya22 [10]2 years ago
6 0
It is called RESIDUAL VALUE. Residual value is defined as the value of the asset after it was fully depreciated.
You might be interested in
Convert -450° from degrees to radians. (5 points)
ValentinkaMS [17]
Negative five pi divided by two

4 0
2 years ago
Part A
Nat2105 [25]

Answer:

A.  f(n) =0.2n+4.8

B. The y intercept is 4.8

Step-by-step explanation:

Given

a_n= 5 + 0.2(n-1)

Solving (a): Write as a function.

To do this, we simply substitute f(n) for a_n

a_n= 5 + 0.2(n-1) becomes

f(n)= 5 + 0.2(n-1)

Open Bracket

f(n) = 5 + 0.2n-0.2

Collect Like Terms

f(n) =0.2n-0.2 + 5

f(n) =0.2n+4.8

B. The y intercept.

To get the y intercept, we set n to 0

i.e

f(0) =0.2 * 0+4.8

f(0) =0+4.8

f(0) =4.8

Hence, the y intercept is 4.8

4 0
2 years ago
For which value of x is the equation 6 = 12x true?
skad [1K]

Answer:

x = 0.5

Step-by-step explanation:

5 0
3 years ago
Use rhombus TQRS below for questions<br> what is the value of x?<br> what is the value of y?
sladkih [1.3K]

The value of x is 1.

The value of y is 4.

Solution:

Given TQRS is a rhombus.

<u>Property of rhombus: </u>

Diagonals bisect each other.

In diagonal TR

⇒ 3x + 2 = y + 1  

⇒ 3x – y = –1 – – – – (1)

In diagonal QS

⇒ x + 3 = y

⇒ x – y = –3 – – – – (2)

Solve (1) and (2) by subtracting

⇒ 3x – y – (x – y) = –1 – (–3)

⇒ 3x – y – x + y = –1 + 3

⇒ 2x = 2

⇒ x = 1

Substitute x = 1 in equation (2), we get

⇒ 1 – y = –3

⇒ –y = –3 – 1

⇒ –y = –4

⇒ y = 4

The value of x is 1.

The value of y is 4.

6 0
3 years ago
In what time the compound amount of Rs 60000 at 10% rate is rs 79860?​
Ksenya-84 [330]

Answer:

P= Rs 60000

A= Rs 79860

T=1 & 1/2 year = 3/2 years

    = 3/2 x 2 = 3 half years

R= ?  

Applying the formula A= P (1+r/100)^T

           79860  = 60000 (1+ r/100)^3

                  79860/60000 = (1+r/100)^3

                  1331/1000 = (1+r/100)^3

root(3)(1331/1000) = (1+r/100)

                     11/10 = 1+r/100

                     11/10 -1 = r/100

                      1/10 = r/100

                       r= 10 %

Step-by-step explanation:

8 0
3 years ago
Other questions:
  • Mr McDonald is on a diet. He currently weighs 250 pounds. He loses 3 pounds per month
    14·1 answer
  • How do I show the identity of cos(6x) = 2cos^2(3x)-1
    15·1 answer
  • Im not too sure about this one could i get some help with it?
    5·1 answer
  • Which of these is an example of physical change?
    11·1 answer
  • In which quadrant does angle theta lie if csc theta &lt;0 and cot theta&lt;0?
    10·1 answer
  • Help me PLEASEEEEEEEEEEEE :C
    12·2 answers
  • Please help due in 1 hour
    15·1 answer
  • Marissa counted 29 coins in her change purse which contained d dimes and q quarters. The value of the coins is $5.00. How many d
    9·2 answers
  • Juan wants to find out the percentage of students in his middle school who like to watch soccer. Which of the following strategi
    5·1 answer
  • You work two jobs. You earn $11.90 per hour as a salesperson and $10.50 per hour stocking shelves. Your combined earnings this m
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!