A Student Is Asked to Find the Difference Between Two

question 35

True/False

A student is asked to find the difference between two values of time entered in cells A1 and B1,where A1 is the greater value and B1 the lesser value.In order to do so,he will type the formula =A1-B1 in an empty cell.

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Definitions:

Bank Account

A financial account maintained by a banking institution in which the financial transactions between a customer and the bank are recorded.

Withdraw

The act of removing funds from an account, decreasing investment in a particular asset, or retracting participation from an agreement or membership.

Nominal Annual Rate

The interest rate stated on a loan or investment agreement, not adjusting for inflation or the compounding of interest.

Developing-Country

A developing country refers to a nation with a lower level of industrialization, lower living standards, and sometimes a lower Human Development Index (HDI) compared to developed countries.