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gayaneshka [121]
2 years ago
7

What is the formula for calculating a residual value

Mathematics
2 answers:
Ksivusya [100]2 years ago
7 0
The formula to figure residual value follows: Residual Value = The percent of the cost you are able to recover from the sale of an item x The original cost of the item. For example, if you purchased a $1,000 item and you were able to recover 10% of its cost when you sold it the residual value is $100!!
stealth61 [152]2 years ago
6 0

Answer:

Residual=Observed value-Predicted value

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