Question: 8.-. Adding interest earned each period to the principal for purposes of computing interest for the next period is known as ____ interest. compound simple

8.-. Adding interest earned each period to the principal for purposes of computing interest for the next period is known as ____ interest.

compound

simple

complex

principal

9.-. Which of the following is true of range names?

Range names are case sensitive.

Range names can exceed 255 characters.

Range names can contain blank spaces.

None of the above

10.-. To calculate interest rate, you can use the INTEREST function.

True

False

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