Match the Following Terms with Their Meanings

question 73

Short Answer

Match the following terms with their meanings:
I.Date arithmetic
II.Date formatting
III.Date function
IV.DatePart function
A.affects the date's display without changing the actual underlying value in the table
B.an Access function that examines a date and returns a portion of the date
C.used to create expressions to calculate lapsed time
D.calculates the current date

---

Definitions:

Effective Rate of Interest

The actual rate of interest earned or paid on an investment or loan, accounting for the effect of compounding.

Nominal Interest Rate

The rate of interest before adjustment for inflation, representing the face value of financial transactions.

Per Quarter

A term indicating events or measurements that occur or are calculated every three months.

Annual Growth Rate

The rate of growth or decline in a specific variable over the course of a year.