Using an interest of 38 what is the residual value the


Felix wants to lease a car valued at $30,000. The dealer says he can have it for three years by making monthly payments of $500, using an interest of 3.8%. What is the residual value the dealer is assuming for the car? [watch your signs!]

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Using an interest of 38 what is the residual value the
Reference No:- TGS02838090

Expected delivery within 24 Hours