An independent variable is an input, assumption, or driver that is changed in order to assess its impact on a dependent variable (the outcome). Think of the independent variable as the input and the dependent variable as the output. In financial modeling and analysis, an analyst typically performs sensitivity analysis in Excel, which involves changing assumptions in the model to observe the impact on output.
Answer:
It will be better to keep the old car.![\left[\begin{array}{cccc}$&$New&$Old&$Differential\\$purchase&-14000&&14000\\$Gasoline spending&-4292&-9479&-5187\\$repairs&&-7500&-7500\\$insurance&-4000&-2000&2000\\$Result&-22292&-18979&3313\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%24%26%24New%26%24Old%26%24Differential%5C%5C%24purchase%26-14000%26%2614000%5C%5C%24Gasoline%20spending%26-4292%26-9479%26-5187%5C%5C%24repairs%26%26-7500%26-7500%5C%5C%24insurance%26-4000%26-2000%262000%5C%5C%24Result%26-22292%26-18979%263313%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
gasoline spending:
old:
250 miles per week/ 24 miles per gallon= 10,41666666
then that x 52 weeks per year x 3.5 per gallon x 5 years
new:
250 / 53 = 4,716981
then this x 52 weeks x 3.5 per gallon x 5 years=
repairs:
1,500 x 5 years = 7,500
insurance:
800 x 5 = 4,000 new car insurance
400 x 5 = 2,000 old car insurance
The question provides us with the following scenario: "Neil and Zack are working on a project that requires both research and presentation. Neil is better at research, so he gives the presentation to Zack. " A comparative advantage is when an agent is better at something or can produce something at a lower cost. Here, Neil can do research better, so the answer is: A.) Neil doing the research
If he wants to withdraw $25,000 each year for 30 years after his retirement 10 years from now, he should invest either letter B. $105,470.27 or D $108,490.27. While he was withdrawing $25,000.00 his investment still remains untouched for the 30 years and it is still increasing. He may increase his yearly withdrawal.
Answer:
No
Explanation:
Beck was the general manager of company. By signing the company's document, actually company is liable to pay that amount not individual. The claim that Haines make is incorrect as any liability is supposed to be beared by company. The claim that Beck made is correct. because he wrote general manager which means he is an employee of that company. So, liability falls on company rather than individual.