The Column Index Number

question 45

Multiple Choice

The column index number

• A) is the periodic interest rate, such as a monthly interest rate.
• B) looks up a value in a horizontal lookup table where the first row contains the values to compare with the lookup value.
• C) calculates the periodic payment for a loan with a fixed interest rate and fixed term.
• D) is the argument in a VLOOKUP function that identifies from which column to return a value.

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Definitions:

John Watson

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