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      Question

      Which function in MS Excel is used to find the present

      value of an investment?
      A FV() Correct Answer Incorrect Answer
      B RATE() Correct Answer Incorrect Answer
      C PV() Correct Answer Incorrect Answer
      D NPV () Correct Answer Incorrect Answer

      Solution

      The PV () function in Excel is used to calculate the present value of an investment based on a constant interest rate.

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