When Using the Visual Basic

question 26

Multiple Choice

When using the Visual Basic .NET Financial.Pmt function, Financial.Pmt(Rate, NPer, PV[,FV, Due]) , which of the following is correct for a 7%, $10,000, 5 year loan with annual payments?

• A) Financial.Pmt(.07, 5, 10000, 0, DueDate.EndOfPeriod)
• B) Financial.Pmt(.07, 5, 10000, 0, DueDate.BegOfPeriod)
• C) Financial.Pmt(.07/12, 5*12, 10000, 0, DueDate.EndOfPeriod)
• D) Financial.Pmt(7, 5*12, 10000, 0, DueDate.EndOfPeriod)

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Definitions:

Total Job Cost

The complete cost of a specific job or project, including materials, labor, and overhead costs, calculated for cost tracking and pricing.

Total Job Cost

The sum of all expenses directly associated with the production of a specific job, including materials, labor, and overhead costs.

Estimated Total Manufacturing Overhead

The projected or forecasted total of all manufacturing overhead costs for a specific period.

Manufacturing Costs

Manufacturing costs are the costs incurred in the process of producing a product, which include direct materials, direct labor, and manufacturing overhead.