4
QuizMultiple Choice

Leasing vs. Buying a Car

Question 4 • Quest for Success - B

Ralph is leasing a car worth $24,000 for three years. His leasing company says that the car Ralph is leasing will only be worth $16,000 at the end of his lease. Approximately what percentage of the car’s original value will Ralph need to pay as part of his lease?a.8%b.16%c.33%d.67%

Answer
A
A
B
B
C
C
D
D
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