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The questin is: In cell M2, write a formula which can be copied down the column to cells M3:M8, to determine (T/F) if the card
The questin is:
In cell M2, write a formula which can be copied down the column to cells M3:M8, to determine (T/F) if
the card does not have an introductory rate of 0%. (You must use the NOT function to receive credit for
this question.)
Again: Redundant question but good practice.
Remember, never use = true or = false. This is already implied when testing cells for true or false values.
A B D E F G H L M Acceptable Not a Credit Limit? Visa Card? No Introductory Rate of 0%? Credit Annual 1 Credit Card Type Limit Fee 2 Capital One Venture Visa $5,000 3 Bank Of America Visa $9,000 4 Fifth Third Mastercard $2,500 5 Discover Discover $4,000 6 Slate Visa $6,000 7 U.S. Bank Mastercard 8 Simmons First Visa $4,500 9 10 All Cards have an Introductory Rate of 0% (T/F)? 11 At least one Card has an Introductory Rate of 0% (T/F)? 12 0 59 29 25 59 20 Lowest Highest Introductory Credit Card Limit Acceptable Lowest APR APR Rate of 0% >$5000? APR? APR? 11.90% 19.90% TRUE FALSE 13.74% 22.74% TRUE TRUE 7.00% 21.99% FALSE FALSE 10.99% 22.90% FALSE FALSE 10.99% 18.99% FALSE TRUE 11.99% 21.99% TRUE FALSE 10.99% 20.99% FALSE FALSE $2,000 0Step by Step Solution
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