Solved

PMT (Rate, Nper pv,[fv=0][type=0]) p v,[f v=0] \quad[t y p e=0])

Question 76

Multiple Choice

PMT (rate, nper, pv,[fv=0][type=0]) p v,[f v=0] \quad[t y p e=0])
-In the figure above,nper stands for the ____.


A) total number of payment periods required to pay off the loan
B) total number of payment periods required to pay off the interest
C) number of payments per year
D) number of interest payments per year

Correct Answer:

verifed

Verified

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

Related Questions

Q20: MATCHING<br>Identify the letter of the choice that

Q42: The _ category of Excel functions returns

Q58: A(n)_ reference contains both relative and absolute

Q67: FUNCTION(argument1,argument2,...)is _.<br>A)the syntax of writing optional arguments<br>B)an

Q71: Case-Based Critical Thinking Questions<br>Case 3-2<br>Pamela is getting

Q72: You can build decision-making capability into a

Q73: Functions are organized in the Function Library

Q79: For more complex patterns,you can use the

Q80: AutoFill can recognize some patterns if you

Q81: Case-Based Critical Thinking Questions<br>Case 3-1<br>Charles is a