What Is Not a Necessary Piece of Data Needed for the Pmt

question 60

Multiple Choice

What is not a necessary piece of data needed for the Pmt function?

• A)Interest rate
• B)Amount already paid on the loan
• C)Amount of the loan
• D)Number of periods required to pay off the loan

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Definitions:

Substantive Due Process

A principle allowing courts to protect certain fundamental rights from government interference, under the due process clauses of the Constitution.

Procedural Due Process

A legal doctrine that requires government officials to follow fair procedures before depriving a person of life, liberty, or property.

Self-Incrimination

The act of implicating oneself in a crime, which is protected against under the Fifth Amendment of the U.S. Constitution.

Grand Jury

A group of citizens convened to determine whether there is enough evidence to charge someone with a crime.