Exam 21: Specialized Functions

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A(n)________ is a schedule that calculates the interest,principal repayment,and remaining balance of a loan.

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Which database function will return the smallest value from a dataset based on preset criteria?

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Which database function should be used to count records with empty cells?

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=INDEX(A2: B5,MATCH(MAX(B2: B5),B2: B5,0),1)is an example of a nested function.

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The MATCH function match_type must be set to 0 when matching words.

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In the function =IF(E5<J7,F5*K7,IF(E5<=J8,F5*K8,F5*K9)),F5*K7 is the:

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When using Advanced Filtering,the criteria range must contain at least:

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Match the following terms with the corresponding description.
DCOUNT
Adds the values in a numeric database column based on conditions you specify in a criteria range
DMAX
Counts the cells that contain numbers in a database column that match conditions you specify
DSUM
Identifies the lowest value in a database column that matches conditions you specify
Correct Answer:
Verified
Premises:
Responses:
DCOUNT
Adds the values in a numeric database column based on conditions you specify in a criteria range
DMAX
Counts the cells that contain numbers in a database column that match conditions you specify
DSUM
Identifies the lowest value in a database column that matches conditions you specify
DAVERAGE
Identifies the highest value in a database column that matches conditions you specify
DMIN
Determines the arithmetic mean,or average,of numeric entries in a database column that match conditions you specify
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Match the following terms with the corresponding description.
>
Not equal to
< >
Less than
>=
Less than or equal to
Correct Answer:
Verified
Premises:
Responses:
>
Not equal to
< >
Less than
>=
Less than or equal to
<
Greater than or equal to
<=
Greater than
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If payments are made at the beginning of the month the type argument should be set to ________ when using the IPMT function

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Excel permits ________ IF statements in one formula.

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The ________ function should be used to calculate the total number of periods in a loan.

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The first argument of any database function is ________.

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Which of the following is not an argument in a database function?

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Which of the following functions will return the principal payment of a loan?

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Which of the following functions requires all arguments to be true in order to return the value if true?

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Which function will calculate the current value on an investment that will earn 5% interest on yearly payments of $100 over 10 years?

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If payments are made at the end of the month the type argument should be set to ________ when using the IPMT function

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________ can copy filtered information to a new location.

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The ________ function determines the arithmetic mean,or average,of numeric entries in a database column.

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