question archive The syntax for the PMT function is PMT(rate,nper,pv,fv,type)

The syntax for the PMT function is PMT(rate,nper,pv,fv,type)

Subject:Computer SciencePrice: Bought3

The syntax for the PMT function is PMT(rate,nper,pv,fv,type). What does the argument 'type' refer to?
Indicates when the payments are due (e.g., beginning of period) Indicates the currency of payments (e.g., US
Dollars) Indicates the type of loan (e.g., car loan) None of the other options are correct 15

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE