Final answer:
The formatted string variable 's' will hold the value '$3,892.22' after the code is executed, as it formats the decimal number as a currency value.
Step-by-step explanation:
The value of the variable named s after the following statements are executed: decimal d = 3892.22m; string s = String.Format("{0:c}", d); is $3,892.22. This is because in C#, the {0:c} format specifier is used to format a number as a currency value, which includes the currency symbol for the current culture (typically $ for US culture) followed by the numeric value with group separators (commas) and two decimal places reflecting cents.