A Money Factor of 0

question 130

Multiple Choice

A money factor of 0.00280 on a lease is equivalent to an annual percentage rate of

• A) 2.80.
• B) 3.60.
• C) 6.72.
• D) 8.64.
• E) 10.80.

---

Definitions:

Breakdowns

Failures or collapses in systems, relationships, or communications that result in disruption or dysfunction.

Perception

relates to the way in which something is regarded, understood, or interpreted by individuals, which can significantly influence their thoughts and actions.

Feedback

Information provided as a response to an action or process, which can be used for adjustment, improvement, or reinforcement of future actions.

Negotiators

Individuals who engage in discussions with the aim of reaching an agreement or resolving a dispute between parties.