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You want the current field to be 0.035 if the Balance field in the query is more than 10,000. Else, it should be 0.015. Which of the following is the correct formula?

A. IF([Balance] > 10000, 0.035, 0.015)
B. IF([Balance] >= 10000, 0.015, 0.035)
C. TIF([Balance] > 10000, 0.035, 0.015)
D. IF([Balance] <= 10000, 0.035, 0.015)

Answer :

IF([Balance] >=10000, 0.015,0.035) is the correct formula if Balance field in the query is more than 10000. Else it should be 0.015.

What does TIF stand for?

What is TIF? Tax Increment Financing, or TIF, is a geographically targeted economic development tool. It captures the increase in property taxes, and sometimes other taxes, resulting from new development, and diverts that revenue to subsidize that developmen

We know that freezing point is a coligative property hence it depends on the number of solute particles present.

Covalent substances do not break up into ions, hence they do not produce many particles in solution unlike ionic substances. Hence, ionic substances have a far higher freezing point than covalent molecules.

learn more about of formula here

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