How do you evaluate this?
1 answer:
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Answer:
Step-by-step explanation:
To solve this exercise you need to remember the following properties:
1. The Distributive property states that:
2. The Addition property of Equality statest that:
If , then
3. The Subtraction property of Equality statest that:
If , then
4. The Division property of Equality statest that:
If , then
5. The Multiplication property of Equality statest that:
If , then
Given the equation:
You must solve for "g" in order to find its value:
- Apply the Distributive property:
- Apply the Addition property of Equality adding 30 to both sides of the equation:
- Apply the Division property of Equality dividing both sides by 2:
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