An Excel Workbook Is a Collection of One or More

question 39

True/False

An Excel workbook is a collection of one or more worksheets.

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Definitions:

Compounded Annually

Refers to the process of earning interest on both the initial principal and the accumulated interest from previous periods, calculated once per year.

Simple Interest

Interest earned or paid that is not compounded, and is based only on the principal amount.

Rate of Interest

The percentage of an amount of money which is charged for its use per period, often annually.