The Date of a Promissory Note Is Entered in Cell

question 20

Multiple Choice

The date of a promissory note is entered in Cell A2 as a date; 4/10/2010, and the number of days before discount is entered in Cell A3 as a number, 35. What must be done in Excel to calculate the discount date?

• A) Both Cell A2 and Cell A3 must first be converted to dates and then added together.
• B) Both Cell A2 and Cell A3 must first be converted to numbers and then added together.
• C) Subtract Cell A3 from A2.
• D) Add cell A3 to A2.

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Definitions:

Per-apple Tax

A unit tax applied specifically to the sale of apples, affecting their market price per unit.

Imported Apples

Apples that are brought into one country from another to be sold in the domestic market.

United States

A country located in North America, comprising 50 states, a federal district, and several territories, known for its diverse geography and multicultural population.

Market Equilibrium Price

The price at which the quantity of a product demanded by consumers equals the quantity supplied by producers, resulting in market balance.