Solved

Which Is the Correct PMT Function Given That Cell F1

Question 18

Multiple Choice

Which is the correct PMT function given that cell F1 contains the interest rate, cell F2 contains the # of periods, cell A8 contains the present value, and monthly payments are to be made?


A) =PMT(F1/12,F2,A8)
B) =PMT((F1/12) ,F2,A8)
C) =PMT(F1,F2,A8)
D) =PAYMENT(F1/12,F2,A8)

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions