Explain the Concept of an Analytical Model and Discuss the Different

question 45

Essay

Explain the concept of an analytical model and discuss the different forms of analytical models.Using the marketing scenario of your choice,provide an example of each model.Each model should depict the same scenario.

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Definitions:

Promissory Note

A financial instrument that contains a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.

Maturity Date

The date on which a financial obligation must be repaid in full.

Promissory Note

A financial document in which one party promises to pay another party a definite sum of money at a future date or on demand.

Interest Due

The amount of interest payment that is owed but not yet paid by a borrower to a lender at a given point in time.