Multiple Choice
In any Excel functions that uses NPER for term, (e.g. PMT functions is =PMT(rate, NPER,FV, PV) , the correct way to enter a 30 year term to compute monthly payments is __________.
A) 30
B) 30×12
C) (30/12) /365
D) (30/12) ×365
Correct Answer:
Verified
Correct Answer:
Verified
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