7
QuizMultiple Choice

Leasing vs. Buying a Car

Question 7 • 2025-2026 GSP Mathematical Reasoning for Decision Making

Sally is near the end of a three year lease on a car with an original MSRP of $38,000. Her leasing company claims that the car is now worth only $28,500. Which percentage represents the residual value of Sally’s leased car?a.25%b.33%c.67%d.75%

Answer
A
A
B
B
C
C
D
D
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