The Price That Is Paid for a Vehicle in a Lease

question 30

Multiple Choice

The price that is paid for a vehicle in a lease is called the:

• A)residual value.
• B)unit price.
• C)capitalized cost.
• D)deductible.
• E)premium.

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Definitions:

Analog Meter

A device that measures and displays information using a moving pointer or dial rather than digital means.

Wheatstone Bridge

An electrical circuit used to measure unknown electrical resistances by balancing two legs of a bridge circuit, one leg of which includes the unknown component.

Impedance

The total opposition (combining resistance and reactance) a circuit presents to alternating current.

Capacitance

The ability of a component or circuit to collect and store energy in the form of an electrical charge, measured in Farads.