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fill in the blank. the estimated resale value of a car at the end of it…

Question

fill in the blank. the estimated resale value of a car at the end of its lease is called the car’s ______. the estimated resale value of a car at the end of its lease is called the car’s

Explanation:

Brief Explanations

In the context of car leasing and finance, the estimated resale value of a car at the end of its lease term is a key concept known as the residual value. This term is used in financial and business (specifically in finance/leasing aspects) contexts to denote the projected value of the asset (the car) after the lease period.

Answer:

residual value