menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Computing
  3. Study Set
    Exploring Microsoft Office Excel
  4. Exam
    Exam 2: Formulas and Functions
  5. Question
    If the Annual Interest Rate Is 12% and Payments Are
Solved

If the Annual Interest Rate Is 12% and Payments Are

Question 71

Question 71

Short Answer

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

Correct Answer:

verifed

Verified

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

Related Questions

Q66: If you omit the fourth argument in

Q67: The HLOOKUP function can only be used

Q68: All IF functions have three arguments.

Q69: If you wanted to count the number

Q70: What two functions compute the central tendency

Q72: The _ function counts the number of

Q73: If a cell containing the formula =$B$14

Q74: The COUNTA function only counts text entries.It

Q75: Which keyboard shortcut toggles through the types

Q76: What is the default method of referencing

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines