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You Can Use the Insert Function Dialog Box to Find

question 14

Multiple Choice

You can use the Insert Function dialog box to find a specific function. In the ____ box, type a brief description of what you want to do. Then, click Go.


Definitions:

Simple Interest

Interest calculated only on the initial principal of a loan or deposit, without compounding.

Annually

Refers to something that happens once every year.

Simple Interest

Interest figured solely on the initial sum, excluding any compounded amounts.

Maturity Value

The amount that will be received at the end of a fixed-term investment, including the principal and any accumulated interest.

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