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

Question 59

Multiple Choice

Consider the spreadsheet model shown in the figure below.This is an example of a
 A  B  C 123 Purchase price $32,5004 less: 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|c|r|c|} \hline& \text { A } & \text { B } & \text { C } \\\hline 1 & & & \\\hline 2 & & & \\\hline 3 & \text { Purchase price } & \$ 32,500 & \\\hline 4 & \text { less: } & & \\\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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