Mathematics, 10.06.2020 21:57 MiddleSchool2005
Frank decided to lease a $20,000 car for three years instead of buying the car and financing it with a loan. At the end of three
years, the car was worth $11,000. How much did Frank receive when he returned the car to the dealership?
A. He received $0 and will have to cover the cost of any damages that have been done to the car.
B. He received $11,000, less the cost of any damages that have been done to the car.
C. He received whatever amount of money the dealer was able to get selling the car as a used car.
D. He received half of what the dealer got from the sale of the used car.
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Frank decided to lease a $20,000 car for three years instead of buying the car and financing it with...
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