0

# 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?

Updated: 4/28/2022

Wiki User

14y ago

7919.28

Wiki User

14y ago

Earn +20 pts
Q: 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?
Submit
Still have questions?
Related questions

7919.28

20520

20520

8,423.35

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.

### How do you calculate mi to the second power?

To be able to calculate a mi to the second power you need to

### How would someone calculate the cost of a second mortgage?

One can calculate the cost of a second mortgage by going to the website 'MortgageCalculator'. Here one can find information about achieving a second mortgage and use the calculator to calculate the cost of a second mortgage.

### How do you calculate kilojoules?

A joule is a watt-second, so one kilowatt for one second is a kilojoule.

### How do you calculate hertz?

One Hertz is equal to one cycle/second.

### How do you convert speed in meters per second?

so you calculate for one second howmuch meters do you pass and the number that you had is your speed on meters per second

### My first semester comulative average is 85 how do they calculate the average of second semester?

The second semester cumulative average will be calculated by the number of units in your second semester.