Card 4 / 18: The entry =PMT(C5/12,C6*12,C7):
A)
Computes an annual payment
B)
Is invalid because the cell reference C7 is not absolute
C)
Is invalid because the value in C7 is negative
D)
Divides the interest rate in C5, multiplies the number of periods in C6, and C7 is the loan amount
Answer:
D) Divides the interest rate in C5, multiplies the number of periods in C6, and C7 is the loan amount
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Lakeima Roberts |
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