The _______________ Function Sums a Series of Products in Ranges

question 41

Multiple Choice

The _______________ function sums a series of products in ranges of identical sizes, called arrays, that are parallel to each other in a worksheet.

• A) SUMPRODUCT
• B) SUMPROD
• C) ADDPRODUCT
• D) ADDPROD

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Definitions:

Payment Stream

A series of payments made over a period of time, often in the context of loans or annuities.

Production Units

Quantities of output, such as goods or services, produced within a specified timeframe.

Demand Decrease

A reduction in the quantity of a product or service that consumers are willing and able to purchase at a given price.

Compounded Quarterly

Interest calculated and added to the principal four times a year.