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    Computing
  3. Study Set
    Microsoft Office
  4. Exam
    Exam 7: Excell: Formulas and Functions
  5. Question
    If the Annual Interest Rate Is 12% and Payments Are
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If the Annual Interest Rate Is 12% and Payments Are

Question 60

Question 60

Short Answer

If the annual interest rate is 12% and payments are made monthly, then you would enter .01 in the ________ argument in the PMT function.

Correct Answer:

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