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Calculate the residual value of a 10999 car at the end of a two-year lease if it depreciates 10 the first year and 20 the second year?
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∙ 13y ago
7919.28
Wiki User
∙ 13y ago
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Calculate the residual value of a 10999 car at the end of a two-year lease if it depreciates 10 percent the first year and 20 percent the second year?
7919.28
Calculate the residual value of a 28500.00 car at the end of a two year lease if it depreciates 10 percent the first year and 20 percent the second year?
20520
What is the residual value of a 28500 car at the end of a two year lease if it depreciates 10 percent the first year and 20 percent the second year?
20520
What is the residual value of a 12999.00 car at the end of a three-year lease if it depreciates 10 percent in both the first year and second year then 20 percent the third year?
8,423.35
What is the residual value of a 12999.00 car at the end of a three year lease if it depreciates 10 percent in both the first year and second year then 20 percent the third year?
8,423.35
Calculate the residual value of a 15000 car after it has been leased for two years if it depreciates 10 percent the first year and 20 percent the second year?
1st year: 15,000 - 0.1 x 15,000 = 15,000 - 1,500 = 13,500 2nd year: 13,500 - 0.2 x 13,500 = 13,500 - 2,700 = 10,800 Thus, the residue value of the car after it has been leased for two years is 10,800.
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