The RATE Function Syntax Is as Follows: =RATE(nper,pmt,pv,fv,____________________,[guess])

question 12

Short Answer

The RATE function syntax is as follows: =RATE(nper,pmt,pv,fv,____________________,[guess]).

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Definitions:

Financing Company

An organization that provides money or credit to individuals or companies for purchases or investments.

Reasonable Notice

A requirement for the provision of timely and clear information to all parties involved in a legal agreement or procedure.

Written Notice

A formal, documented communication required in many legal situations to officially inform a party of certain actions or intentions.

Oral Notice

Notification or communication of information conveyed through spoken words rather than written form.