Author Question: You are assessing the value of insurance plans for a group of your clients. The data is contained in ... (Read 65 times)

Deast7027 · **on:** Aug 28, 2018

You are assessing the value of insurance plans for a group of your clients. The data is contained in a table named Insurance. The interest rates are contained in a field named Interest. The numbers of payments per period are contained in a field named Retain. The amount per payment, shown as a positive number, is contained in a field named Amount. The field will be named Value. What is the proper entry for the field name?

A) Value: FV(InsuranceInterest, InsuranceRetain, -InsuranceAmount)
B) Value: FV(InsuranceInterest, InsuranceRetain, InsuranceAmount)
C) Value: FV(Interest, Retain, -Amount)
D) Value: FV(InsuranceInterest, InsuranceRetain, InsuranceAmount)

Question 2

If a macro object contains multiple actions, the object is referred to as a Macro Group.

Indicate whether the statement is true or false