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Sam leases a car for 24 months. the car will cost him $7,000 if he decides to buy it at the end of the lease. What term describes the $7,000

Sam leases a car for 24 months. the car will cost him $7,000 if he decides to buy it at the end of the lease. What term describes the $7,000
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sam leases a car for 24 months. the car will cost him $7,000 if he decides to buy it at the end of the lease. What term describes the $7,000

User MDC
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Answer:

Residual value

User Mihirjoshi
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