Which of the Following Would Not Produce the Correct Monthly

question 6

Multiple Choice

Which of the following would not produce the correct monthly payment on a loan of $13,000 which will be paid off in 5 years with an annual interest rate of 6%?

• A)=PMT(6%,60,-13000)
• B)=PMT(.5%,60,-13000)
• C)=PMT(.5%,5*12,-13000)
• D)=PMT(6%/12,60,-13000)

---

Definitions:

Audio And Visual Clips

Digital media fragments that combine sound and imagery, used primarily for communication, instruction, or entertainment.

Slide Builds

Components in presentations that are revealed incrementally to help explain, emphasize, or clarify information.

Visual Aids

Tools that use visual elements to enhance comprehension, presentation, or interpretation of information.

New Media

Digital forms of communication and content delivery, such as social media, websites, and streaming services, characterized by interactivity and user participation.