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Spreadsheets Questions with Verified Answers Solved 100%

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Spreadsheets Questions with Verified Answers Solved 100% Each loan payment is referred to as a(n) - Answers period. Advertised as an annual percentage rate (APR), the amount of money a lender charges for a loan is the loan's ________. - Answers Your credit rating often influences the interest rate the lender will charge on a loan. You see ###### in a cell. This means that - Answers this is not an error. The cell needs to be expanded in order to display the entire value. When you enter a calculation into a spreadsheet, you start by entering a(n) ________ sign. - Answers The equal sign (=) is the most important symbol in a spreadsheet. It indicates that the cell contains a formula or a function. To make a calculation always refer to a specific cell when copying it using the fill handle, make the cell a(n) ________ reference. - Answers absolute In spreadsheets, all functions and calculations begin with - Answers an equal sign (=). Because they make it easy to arrange, display, and calculate numerical data, ________ programs are commonly used in nearly every business setting. - Answers spreadsheet Comma-separated format (.cvs) files are commonly used by those who are sending data but do not know what spreadsheet the recipient uses. - Answers true Select the spreadsheet formula that would correctly calculate the average (mean) of the following values: 3, 2, 6, and 8. - Answers = (3 + 2 + 6 + 8) / 4 The total amount of money (principal + interest) that lender receives from a borrower at the end of the loan is referred to as the loan's - Answers future value (FV). Which two of the following refer to the amount of money a lender charges for borrowing money (excluding any origination fees)? - Answers principal Amount of money (principal) originally borrowed or owed - Answers Present Value (PV) Annual percentage rate (APR) of interest - Answers Rate Single payment - Answers Period Length of loan in years - Answers Term When displaying financial information, the accepted practice is that ________ indicates negative values. - Answers red Select two common uses of spreadsheets. - Answers word processing You just had a great lunch at a nice restaurant and decide to leave a 15% tip on your $18 meal. What will be the total charge on your debit card? - Answers $20.70 If you type =2 + 3 * 6 into a cell in a spreadsheet and then press Enter, what will appear in the cell? - Answers 20 The Rule of 72 states that dividing 72 by the interest rate approximates the time for the investment to double. This calculates the ________ of the investment. - Answers future value (FV) A common method to delete a column or row in most spreadsheet programs is to ________ on the column or row heading, and then select Delete from the menu. - Answers right-click Programs such as Microsoft Excel, iWork's (Apple) Numbers, Google Sheets, and OpenOffice Calc, that allow users to arrange numerical data are called - Answers spreadsheets. Saving a spreadsheet file in .cvs format only saves the - Answers cell values. What is the purpose of saving an Excel file as a .cvs (comma-separated format) file? - Answers to share data with other spreadsheet users regardless of which spreadsheet program is being used Select three true statements regarding labels. - Answers act with other cells—can be used in calculations n on the left side of a cell when entered Which three of the following refer to the amount of money owed on a loan when it is first borrowed (excluding any origination fees). - Answers 1.Interest (APR) 2.Balance The amount of money borrowed in a loan, sometimes referred to as PV or the loan balance, is the loan's ________. - Answers The initial value of a loan is called the principal of the loan. A loan payment typically consists of two parts, principal and interest. The cost of borrowing money, quoted as an annual percentage rate (APR), is a loan's - Answers interest. The basic unit of any spreadsheet, essentially a box where data can be entered, is called a(n) - Answers cell. Select two methods of selecting a range of adjoining cells in Excel. - Answers 1.Double-click on the first cell in the range and enter the last cell in the range. 2.Right-click on the first cell in the range and enter the last cell in the range. A traditional 30-year mortgage has 12 monthly payments per year. This means the loan has a total of 360 ________. - Answers a loan payment is called a period. Most loans, such as student or car loans, have monthly payments. This means the loan has 12 periods per year. In Google Sheets, what are two methods that allow a user to move data from one cell to another cell? - Answers 1.Double-click the cell and then drag the data to the desired cell. 2.Click on the cell then choose the move data option from the Data menu. What function would you use to display how many entries are made in Column A above Cell A37? - Answers COUNT

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Spreadsheets Questions with Verified Answers Solved 100%

Each loan payment is referred to as a(n) - Answers period.

Advertised as an annual percentage rate (APR), the amount of money a lender charges for a loan is the
loan's ________. - Answers Your credit rating often influences the interest rate the lender will charge on
a loan.

You see ###### in a cell. This means that - Answers this is not an error. The cell needs to be expanded in
order to display the entire value.

When you enter a calculation into a spreadsheet, you start by entering a(n) ________ sign. - Answers
The equal sign (=) is the most important symbol in a spreadsheet. It indicates that the cell contains a
formula or a function.

To make a calculation always refer to a specific cell when copying it using the fill handle, make the cell
a(n) ________ reference. - Answers absolute

In spreadsheets, all functions and calculations begin with - Answers an equal sign (=).

Because they make it easy to arrange, display, and calculate numerical data, ________ programs are
commonly used in nearly every business setting. - Answers spreadsheet

Comma-separated format (.cvs) files are commonly used by those who are sending data but do not
know what spreadsheet the recipient uses. - Answers true

Select the spreadsheet formula that would correctly calculate the average (mean) of the following
values: 3, 2, 6, and 8. - Answers = (3 + 2 + 6 + 8) / 4

The total amount of money (principal + interest) that lender receives from a borrower at the end of the
loan is referred to as the loan's - Answers future value (FV).

Which two of the following refer to the amount of money a lender charges for borrowing money
(excluding any origination fees)? - Answers principal

Amount of money (principal) originally borrowed or owed - Answers Present Value (PV)

Annual percentage rate (APR) of interest - Answers Rate

Single payment - Answers Period

Length of loan in years - Answers Term

When displaying financial information, the accepted practice is that ________ indicates negative values.
- Answers red

Select two common uses of spreadsheets. - Answers word processing

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