Henry is at the end of a three-year lease for his car. his leasing company says that his car is currently worth $12,780, a 72% residual value. determine the original msrp of henry’s leased car. a. $9,201.60 b. $5,633.80 c. $17,750.00 d. $45,642.86

C. $ 17,750

Step-by-step explanation:

Let the original MSRP (Manufacturer Suggested Retail Price) of Henry car = $ x

Since, in three years the original price of car is depreciate to 72% of the original price of the car.

Thus, the Residual value of the car = 72 % of the original price.

=

=

But, According to the question,

The new price of the car = $ 12, 780

Thus,

Therefore, The original MSRP of the leased car = $ 17,750

Option C is correct.

10 you would take 50/ .2

step-by-step explanation: