# Business Math

posted by
**Jean** on
.

Assume you lease a $45,000 BMW. Using a straight- line method with a 3- year ueful life and is a $16, 675 residual value, what is the book value of the BMW after the first year?

posted by
**Jean** on
.

Assume you lease a $45,000 BMW. Using a straight- line method with a 3- year ueful life and is a $16, 675 residual value, what is the book value of the BMW after the first year?