Which Method Returns the Next Value in a Sequence

question 52

Multiple Choice

Which method returns the next value in a sequence?

• A)CountVal
• B)Next
• C)UpVal
• D)NextVal
• E)Append

---

Definitions:

Compounded Monthly

A method of calculating interest where the interest earned each month is added to the principal, so that the balance doesn't merely grow, it grows at an increasing rate.

Future Value

The future value of a current asset, calculated by applying an estimated growth rate over a specific period.

Interest Rate

The percentage charged on a loan or paid on an investment, representing the cost of borrowing or the income from lending.

Rate of Return

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