A Vehicle Lease Has Several Costs

question 94

Multiple Choice

A vehicle lease has several costs. Which of the following is the amount paid monthly and the number of payments?

• A) Capitalized cost
• B) Money factor
• C) Payment schedule
• D) Residual value
• E) Trade-in value

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Definitions:

Pertussis

A highly contagious bacterial disease, also known as whooping cough, characterized by severe coughing spells.

Pseudomembrane

A false membrane composed of fibrin, mucus, necrotic cells, and inflammatory cells, typically forming during infections or inflammations of mucous membranes.

Diphtheria

A bacterial infection causing a thick covering in the back of the throat, leading to difficulty breathing, heart failure, paralysis, and sometimes death.

Respiratory Obstruction

A blockage of the airway which impedes the flow of air into the lungs, potentially causing breathing difficulties.