When You Decrease the Decimal Places That Display in a Cell,Excel

question 96

True/False

When you decrease the decimal places that display in a cell,Excel rounds the value stored in that cell and uses the rounded value in calculations.

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Definitions:

Interest

A fee paid on borrowed assets, usually calculated as a percentage of the principal.

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A federal student loan where the borrower is responsible for paying all the interest, regardless of the loan's status.

Interest Rate

The percentage of a sum of money charged for its use, often expressed annually.

Minimum Payment Warning Box

Information on a credit card statement that explains the consequences of only making minimum payments.