In Excel,typing ____ in the Format Code: Box Would Result

question 84

Multiple Choice

In Excel,typing ____ in the Format Code: box would result in that month's full name being displayed on a chart.

• A) m
• B) mm
• C) mmm
• D) mmmm

---

Definitions:

Compound Interest

Interest calculation that encompasses both the initial principal and the cumulative interest that has accrued in preceding periods on a deposit or loan.

Simple Interest

A way of calculating interest where the interest charge is based on the original principal amount alone.

Compounded Annually

A method of calculating interest where the interest amount is added to the principal sum at the end of each year, affecting the total interest for the next year.

Interest on Interest

The compound interest that is calculated not only on the initial principal but also on the accumulated interest of previous periods.