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How Does Scenario Analysis Differ from Sensitivity Analysis

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How does scenario analysis differ from sensitivity analysis?


Definitions:

Federal Bankruptcy Exemptions

Provisions in U.S. federal law that allow an individual filing for bankruptcy to keep certain property from being seized by creditors.

Individual Retirement Account

A financial tool that provides tax advantages for retirement savings in the United States.

Exempt

Freed or relieved from a duty, requirement, or liability to which others are subject.

Security Interest

A legal claim or encumbrance on property or assets, securing the payment of a debt or performance of some other obligation.

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