The Present Value of a Loan Based on Equal Payments

question 44

Multiple Choice

The present value of a loan based on equal payments is written as ____.

• A) PV(rate,nper,pmt,fv,type)
• B) PVAL(rate,nper,pmt,fv,type)
• C) PV(rate,nper,pmt,term)
• D) PVAL(rate,nper,pmt,term)

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