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? a. interest b. residual value c. lease amount

Term that describes  $7,000 is:

B. residual value

Step-by-step explanation:

We are given that:

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.

Then the term that describes $7000 is

B. residual value

(Since,  The residual value is the estimated value of a fixed asset at the end of its lease or at the end of its useful life.)

the answer is 510

step-by-step explanation:

15 • 13 = 195

15 • 12 = 180

15 • 5 = 75

12 • 5 = 60

195 + 180 = 375

375 + 75 = 450

450 + 60 = 510

i really dont know

step-by-step explanation: