Answer-What does the PMT function do in Excel?

Question

What does the PMT function do in

Excel?

A Calculates the principal payment for a loan Correct Answer Incorrect Answer

B Calculates the payment for a loan based on constant payments and a constant interest rate Correct Answer Incorrect Answer

C Calculates the total payment for a loan Correct Answer Incorrect Answer

D Calculates the present value of an investment Correct Answer Incorrect Answer

The PMT function in Excel calculates the payment for a loan based on constant payments and a constant interest rate.

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