38
practice examMultiple Choice

Practice Exam

Question 38 • Financial Math

After entering values for D2, D3, C3, and C4, how can you determine the values for B2, B3, C2, and B4?

Answer
A
Sum D2 and D3 and use this to calculate B2 and B3.
B
Use the total in D2 and D3 to back-calculate B2 and B3, then sum B2 and B3 for B4.
C
Calculate C4 minus C3 to find C2, then use the total in D2 and D3 to back-calculate B2 and B3, and finally sum B2 and B3 for B4.
D
Directly enter the remaining values based on known percentages.

Explanation

Since C4 is the total of C2 and C3, subtract C3 from C4 to find C2. Then use the totals in D2 and D3 together with the known percentages to work backward to B2 and B3, and add those values to get B4. Choice B is the one that includes all these steps.

AI-written and checked against the verified answer.

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