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Mathematics

Answered

You would like to lease a car worth $61,815 for a three-year period. The leasing company told you that after three years, the car would have a residual value of $44,999. What percentage represents the residual value of your leased car?

Answer :

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Answer:

72.8%

Step-by-step explanation:

Percentage residual value = (residual value / worth of the car) x 100

(44,999 / 61,815) X 100 = 72.8%

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