The Error Message #NULL! Indicates the Use of a Name

question 55

True/False

The error message #NULL! indicates the use of a name that Excel does not recognize.

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Definitions:

Investment Account

An account held at a financial institution that is used by investors to hold and manage securities, such as stocks, bonds, and mutual funds, and other investments.

Rate Of Return

The gain or loss on an investment over a specified time period, expressed as a percentage of the investment’s initial cost.

Effective Annual Rate

The annual interest rate that takes into account the effects of compounding over multiple periods.