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Assume that the phrase XXXX Interest Rate in cell E1 is replaced by the phrase Annual Interest Rate. Assume also that a correct formula using

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Assume that the phrase XXXX Interest Rate in cell E1 is replaced by the phrase Annual Interest Rate. Assume also that a correct formula using simple arithmetic operators and reflecting the caption Annual Interest Rate was typed in cell F3, and then copied to cells F4, F5, G3, G4, and G5. No change in any other cells occurred.

A) What is the content of cell F3?

B) What is the content of cell F1?

C) What would be displayed in the cell H1 if a user typed into the cell H1 the following formula: =F1/G1

Show math work please, thank you!

IV. Figure 1 shows an Excel worksheet. Three initial deposit values were entered in cells E3, F4, and G5 OH XXXX Interest Rate: | 790 Balance after Month Balance after Month Initial Deposit S20.00 S120.00

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