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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 describes the $7,000

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 describes the $7,000
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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 describes the $7,000

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User MDC
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1 Answer

2 votes

Answer:

Residual value

answered
User Mihirjoshi
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