Question: Sloane owes $ 2 , 4 5 0 on her car loan. According to Edimund's Used Car Prices, her car is valued at $ 1

Sloane owes $2,450 on her car loan. According to Edimund's Used Car Prices, her car is valued at $1850. The term used to refer to this situation is:
Multiple Choice
money factor
residual value.
upspe-down.
pre-approval.
cepitalized cost.
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Sloane owes $ 2 , 4 5 0 on her car loan.

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