question Which Excel function is used to calculate the cumulative interest paid on a loan between two periods

Which Excel function is used to calculate the net present value (NPV) of an investment?

A. -
B. =NPV()
C. =IRR()
D. =PV()

In Excel, what does the function =INDIRECT("Sheet1!A1") do?

A. Returns the value in cell A1 of Sheet1
B. Adds the values in the range A1:A10 on Sheet1
C. Finds the average of the range A1:A10 on Sheet1
D. Rounds the value in cell A1 on Sheet1 to the nearest whole number

What is the purpose of the "Text to Columns" feature in Excel?

A. Splitting text into separate columns based on a delimiter
B. Summarize and analyze data from a range of cells
C. Merging cells in a table
D. Filter data based on specific criteria

What is the purpose of the "Subtotal" feature in Excel?

A. Calculate subtotals for a range of data, grouping by specified criteria
B. Summarize and analyze data from a range of cells
C. Merge cells in a table
D. Filter data based on specific criteria

What is the purpose of the "Trace Precedents" feature in Excel?

A. Show the cells that are referred to in a formula
B. Summarize and analyze data from a range of cells
C. Merge cells in a table
D. Filter data based on specific criteria

What does the term "Workbook Protection" mean in Excel?

A. Restricting access to certain worksheets or workbook elements
B. Protecting cells from being formatted
C. Creating a backup copy of the workbook
D. Locking the entire workbook from editing

Which Excel feature is used to automatically adjust the width of a column based on its content?

A. AutoFit Column
B. Auto Column Width
C. Resize Column
D. Adjust Content Width

Which Excel feature is used to copy the formatting of one cell and apply it to another?

A. Format Painter
B. Cell Styling
C. Format Copier
D. Style Duplicator

What is the purpose of the "Data Model" feature in Excel?

A. Combine multiple tables into a single table for analysis
B. Summarize and analyze data from a range of cells
C. Merge cells in a table
D. Filter data based on specific criteria

In Excel, what does the term "Formula Bar" refer to?

A. The bar displaying the current cell address and content
B. The bar showing the sum of selected cells
C. A bar for entering only mathematical formulas
D. The bar displaying formatting options

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