Which Is the Correct PMT Function Given That Cell F1

question 18

Multiple Choice

Which is the correct PMT function given that cell F1 contains the interest rate, cell F2 contains the # of periods, cell A8 contains the present value, and monthly payments are to be made?

• A)=PMT(F1/12,F2,A8)
• B)=PMT((F1/12),F2,A8)
• C)=PMT(F1,F2,A8)
• D)=PAYMENT(F1/12,F2,A8)

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