To Set Up A(n)____________________ Table,you First Insert References to the Input

question 52

Short Answer

To set up a(n)____________________ table,you first insert references to the input and result cells.

---

Definitions:

Monthly Compounded

A method of calculating interest where the interest is added to the principal each month, resulting in interest earned on interest.

Nominal Rate

The stated interest rate of a bond or loan, not adjusted for inflation.

Compounded Annually

A method in which interest is calculated once per year and added to the total sum, affecting the principal for the next period.

Promissory Note

A promissory note is a financial instrument that contains a written promise by one party to pay another party a determinate sum of money either on demand or at a specified future date.