Stuart Inserts the Formula '=YEAR ('23-Aug-2012)' into Cell B12

question 19

True/False

Stuart inserts the formula '=YEAR ('23-Aug-2012)' into cell B12.When he presses ENTER,23/08/2012 will appear in B12.

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Definitions:

Interest Rates

The percentage charged by a lender to a borrower for the use of assets, typically expressed as an annual percentage of the principal.

Loanable Funds Theory

An economic theory that suggests the market interest rate and the quantity of loanable funds are determined by the demand and supply of credit.

Interest Rates

The cost of borrowing money or the return on investments, usually expressed as a percentage.

Present Consumption

refers to the amount of goods and services consumed by individuals or households at the current time, as opposed to saving for future use.