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Match the Functions with Their Descriptions

Question 15

Matching

Match the functions with their descriptions.

Premises:
IPMT
NPER
PMT
RATE
PPMT
Responses:
Calculates total loan payment
Calculates principal payment
Calculates total number of payments
Calculates the interest rate
Calculates interest payment

Correct Answer:

IPMT
NPER
PMT
RATE
PPMT
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