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Match the Following Five Terms to Their Meanings

Question 19

Multiple Choice

Match the following five terms to their meanings:
i.Future value (Fv)
II.Nper
III.PMT
IV.principal
v.arguments


A) prebuilt function that calculates payments on a loan
B) initial amount of the loan
C) abbreviation for number of time periods
D) the value at the end of the time period
E) values that an Excel function uses to perform calculations or operations

Correct Answer:

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