Which of the Following Is Not an Argument Used in the Pmt

question 15

Multiple Choice

Which of the following is not an argument used in the Pmt function?

• A)Total_due
• B)Rate
• C)Future_value
• D)Type

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Definitions:

Property Transfer

The act of changing ownership of real estate or personal property from one person or entity to another.

Fraud Or Duress

refers to unlawful pressure or deceit used to coerce someone into a contractual agreement, compromising the agreement's validity.

Bequest

A transfer of personal property through a will.

Legacy

A bequest; a testamentary gift of personal property. Sometimes incorrectly applied to a testamentary gift of real property.