What tool would be most effective when comparing the impact of changes in interest rate and purchase price on a new car loan?
A)Scenario Manager
B)Solver
C)Goal Seek
D)Two-variable data table

Question

Quizplus · Accepted Answer

A two-variable data table would be the most effective tool for comparing the impact of changes in interest rate and purchase price on a new car loan. This tool allows for the simultaneous comparison of multiple scenarios, allowing the user to easily see the impact of different interest rates and purchase prices on the monthly payment and total cost of a loan. It is the most efficient way to analyze and compare multiple scenarios at once.

What Tool Would Be Most Effective When Comparing the Impact