Help! I don't know this! And this is Personal Finance.
It is a problem where you type in the letter of the answer. ( This is my first time posting a question so I'm sorry if I posted it wrong :/ )
1. A long-term rental
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2. A guarantee which covers the entire car, with few (if any) exceptions
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3. The amount or percentage by which something decreases in value over time
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4. The value of a piece of property, over and above any mortgage or other liabilities related to it. Ownership right in property
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5. The payment made to obtain insurance
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6. Able to be trusted with financial responsibility; high likelihood of paying back debt
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7. The retail value of something; the price that something is advertised as costing
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8. The cost of something when bought directly from the manufacture
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9. Wholesale value minus deprecation, plus taxes, registration and licensing fees
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10. Online resource for car pricing
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Answers:
a. Used car cost
b. Wholesale value
c. Kelly Blue Book
d. lease
e. Deprecation
f. Reliability
g. Equity
h. Bumper-to-bumper warranty
i. Insurance premiums
j. Sticker price
I think I know a few... I am not sure though... I am not good with this stuff :/
1 would be d
2 would be h
7 would be j
And 10 would be c
Am I right with those four answers?