Final answer:
When copying the EXCEL formula =A$3+B2 three rows down and two columns to the right, the references change based on their relative positions, resulting in the formula =C$3+D5 in the new cell.
Step-by-step explanation:
If the EXCEL formula =A$3+B2 is copied from one cell to another cell located three rows down and two columns to the right, the resulting formula will be =C$3+D5. This is because in Excel, when a formula is copied and pasted, cell references change based on their relative position unless they are made absolute.
The dollar sign ($) in A$3 makes the row absolute, which means the reference to row 3 will not change when the formula is copied to another cell. However, since there is no dollar sign with the column letter 'A', the column reference will change from 'A' to 'C' as it is shifted two columns to the right. Similarly, the 'B2' reference will change to 'D5' because the 'B' will shift two columns right to 'D', and the '2' will shift three rows down to '5'.