Question

Jordan leases a BMW from a local car dealership. The dealer informs her that the loan amount is not for the ___A___. Instead, she will pay for the car’s ___B___.
Part A
A.) Sales Price
B.) Discount Price
C.) Reassessed Price
D.) Purchase Price

Part B
A.) Commercial Value
B.) Residual Value
C.) Market Value
D.) Current Value

Answer 1

Part a .) Reassessed Price pt b A.) Commercial Value

Answer 2

Purchase Price and Residual Value are the correct answers. #PLATO4LYFE