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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.

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Q: What is cost plus residual value?

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Depreciable Value = Intial Cost - 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.

yes

The residual for a particular point in a regression is negative if the estimated or fitted value at that point is greater than the observed value.

residual value

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Residual value

Residual volume is the amount of air left in the lungs after a maximal exhalation

Because of time value of money.

Yes you should. That is also known as the residual value and you would minus that from cost and divide by the useful economic lifetime if the asset.

A residual is defined in the context of some "expected" value. There is no information in the question regarding expected values.

Residual point

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