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Consider the Spreadsheet Model Shown in the Figure Below A) Descriptive Model

Question 16

Multiple Choice

Consider the spreadsheet model shown in the figure below. This is an example of a ABC123 Purchase price $32,5004 1ess: 5 Down payment $6,5006 Trade-in $4,0007 Amount financed $22,00089 Term of loan 5 years 1011 Annual interest rate 11.25%1213 Monthly payment $481.0814\begin{array}{|l|l|r|l|}\hline&A&B&C\\\hline 1 & & \\\hline 2 & & \\\hline 3 & \text { Purchase price } & \$ 32,500& \\\hline 4 & \text { 1ess: } & \\\hline 5 & \text { Down payment } & \$ 6,500 \\\hline 6 & \text { Trade-in } & \$ 4,000 \\\hline 7 & \text { Amount financed } & \$ 22,000 \\\hline 8 & & \\\hline 9 & \text { Term of loan } & 5 \text { years } \\\hline 10 & & \\\hline 11 & \text { Annual interest rate } & 11.25 \% \\\hline 12 & & \\\hline 13 & \text { Monthly payment } & \$ 481.08 \\\hline 14 & & \\\hline\end{array}


A) descriptive model.
B) predictive model.
C) prescriptive model.
D) preventive model.

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