Exam 17: Specialized Functions: Hands On Exercise Videos

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CUMIPMT and CUMPRINC are lookup functions.

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False

You would use the ________ function to return the position of a value in a list.

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C

The ________ function results in a TRUE value only if all conditions are true.

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B

Which of the following functions would NOT be used to construct an amortization table?

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DMIN is a database function.

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A loan amortization table is a schedule that shows the interest,principal repayment,and remaining balance.

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Knowing the interest rate,number of payments,and the monthly payments,you would use the ________ function to determine the amount of a loan.

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When constructing an advanced filter,the ________ range is a range of cells containing the filter conditions.

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IF and AND are examples of ________ functions.

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=IF(AND(D7="manager",F7<F$3),"Due for raise","NA")is an example of a compound function.

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Entering an IF in the Value_if_true box or in the Value_if_false box,creates a(n)________ function.

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The criteria range is a range of cells that specifies the conditions used to filter a table.

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Which of the following is NOT a database function?

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Which of the following is NOT a financial function?

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MATCH and INDEX are logical functions.

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When a loan is repaid,the total principal matches the ________ for the final payment.

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