If You Want to Find the Time Between Two Dates,you

question 43

Multiple Choice

If you want to find the time between two dates,you would use the ________ function.

• A) TIME
• B) DATE
• C) DATEDIF
• D) WEEKNUM

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Definitions:

Nominal Interest Rate

The stated interest rate of a financial product, not adjusting for inflation, representing the actual rate charged by lenders to borrowers.

100-Year Bonds

Bonds with an exceptionally long maturity of one hundred years, offering investors a fixed interest rate over a long period.

Interest Rate Risk

The potential for financial loss due to fluctuations in interest rates, affecting both borrowers and lenders.

Interest Rate Risk

The potential for investment losses due to changes in interest rates which can affect the value of interest-bearing assets.