Quantitative analysis is

a logical approach to decision making.

a rational approach to decision making.

a scientific approach to decision making.

all of the above.

Suppose you want to purchase a home. You can get a 5% interest rate, you'll have 25 years to repay the loan, and you can afford only $1,550 per month payment as installment per month. Which function should be used to calculate the loan amount you can afford:

Present Value Function

Future Value Function

The PMT Function

Net Present Value Function

If a company wishes to determine the advertisement (ADVR) cost associated with a particular sale value(s), using the mathematical model of an XY function, the formula to calculate the cost would be:

SALE = SALE1+(ADVR-ADVR1)*SLOPE

ADVR = ADVR1 + (SALE-SALE1)*SLOPE

SALE = ADVR1 +(ADVR SALE1)*SLOPE

ADVR = SALE + (ADVR SALE)*SLOPE

Suppose youre depositing $400 into your retirement account every month for 30 years, with an expected annual interest rate of 5%. Which function should be used to find How much will your retirement account be after 25 years? :

Present Value Function

Future Value Function

The PMT Function

Net Present Value Function

A production of 4000 units costs the firm $32,000. With each increase of 100 units the variable cost will be increased by $1200, then variable cost can be estimated using the following linear function:

32000 12 (unit -4000)

4000 1200 (unit-32000)

32000 12 (cost -4000)

None of the above

______________ calculates the payment for a loan, a pay off a credit card, or a deposit payment into a savings on constant payments and a constant interest rate.

Present Value Function

Future Value Function

The PMT Function

Net Present Value Function

______________ is a core element of financial analysis that indicates whether a project is going to be profitable or not.

Present Value Function

Future Value Function

The PMT Function

Net Present Value Function

The last stage in applying Cubic function is to:

Minimize the coefficient of function with Excel Solver by allowing the sum of coefficients to be changed.

Minimize the sum of squared deviations with Excel Solver by allowing the squared deviations to be changed.

Minimize the sum of squared division with Excel Solver by allowing the sum of coefficient of function to be changed.

None of the above

In the XY Function, if the slope=8, X1=200 and the Y1=2000, then the variable cost for producing 300 units will be:

200+8*(300-2000)

2000+8*(300-200)

8+2000*(300-200)

None of the above.

If Ahmed could choose one of these 2 options: Option 1 (to receive $2000 today and earn 10% from a relatively safe investment over the next year) or Option 2 (to receive nothings today and wait a year to receive $2100). Which option is the best?

Option 1 is best; Ahmed will earn more than $2100.

Option 2 is best, $100 extra worth to wait and receive.

Option 1 & 2 are the same.

None of the Above.