1 the down payment on the car you are leasing is called, Ask an Expert

Finance

1. The down payment on the car you are leasing is called the

A.residual value

B.capitalized cost reduction

C.money factor

D.purchase option

2. All of the following are useful ways to build a strong credit rating except

A.open checking and savings accounts

B.open and use a charge account

C.make payments on time

D.apply for a long term loan and occasionally be late with a payment

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92093594

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