The CUMIPMT Function Has the Syntax CUMIPMT(Rate, Nper, Pv, Start

Multiple Choice

The CUMIPMT function has the syntax CUMIPMT(Rate, Nper, Pv, Start, End, Type) . What do you enter for the Type argument?

A) Enter the number of payment periods.
B) Enter 0 if payments are made at the end of the period, or enter 1 if payments are made at the start.
C) Enter the interest rate of the loan or investment.
D) Enter the starting and ending payment periods.