What Does Pressing the Enter Key While in a Cell

question 28

Multiple Choice

What does pressing the Enter key while in a cell, do?

• A)The value is set, and the active cell remains the active cell
• B)The value is set, and the cell to the right becomes the active cell
• C)The value is set, and the cell below becomes the active cell
• D)The value is set, and the action is the same as pressing the Tab key

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Definitions:

Effective Rate

The interest rate on a loan or financial product, restated from the nominal rate as an annual rate accounting for compound interest.

Interest Charged

The cost of borrowing money, calculated as a percentage of the principal amount on a loan or credit.

Semiannual Compounding

Interest calculation method where the interest is added to the principal twice a year, leading to compound interest growth.

Effective Rate

The equivalent annual interest rate when compounding at intervals different from annually. It reflects the total amount of interest paid or earned over a year.