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the amount a car is said to be worth at the end of the lease

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12y ago

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Which of these describes the term residual value?

f*** you learn how to answer my questions you dumb a** web site


Which term describes how close a measurement is to the true value?

Accuracy describes how close a measurement is to the true value.


What term describes a value with no decimal or fraction?

An integer


What term describes the lightness ad darkness of a color?

The term that describes the lightness and darkness of a color is "value." Value refers to how light or dark a color appears on a grayscale.


What term describes the lightness or darkness of a color?

The term that describes the lightness or darkness of a color is "value".


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What is the residual value of a leased vehicle?

The residual value of a leased vehicle is the estimated worth of the vehicle at the end of the lease term. It is determined by the leasing company based on factors like the vehicle's make, model, expected depreciation, and market conditions. This value is crucial because it helps calculate the monthly lease payments, with lower residual values typically resulting in higher payments. Additionally, the residual value can influence the decision to purchase the vehicle at lease end.


Which term describes how close measurements are to the actual value?

Accuracy describes how close measurements are to the actual value. It is a measure of how well the results agree with the true value of the quantity being measured.


What do you mean by equity in finance?

Equity in finance refers to the residual value of assets. The term equity can also be used in association with accounting.


What is the definition for 'residual value'?

Residual value is the future value of a good after depreciation of its initial value. For example you bought a car for $20,000. After two years and 60,000 of mileage it will value of $10,000.


Which term below describes how close a measurement is to the true value?

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What is cost plus residual value?

The residual value of "cost plus" is whatever is charged which exceeds the cost. Example: I provide a quote the terms for a project as being "cost plus 20%". If the cost for my project is $100, then I would bill $120. The residual value is $20.