Which Function Calculates the Total Principal Through a Specified Number

question 98

Multiple Choice

Which function calculates the total principal through a specified number of payments?

• A)IPMT
• B)CUMPRINC
• C)CUMIPMT
• D)NPER

---

Definitions:

Leadership

The act of guiding or managing a group of people or an organization.

Katz

Refers to a model developed by Robert Katz that identifies three essential managerial skills: technical, human, and conceptual.

Stogdill

Refers to Ralph M. Stogdill, a researcher whose work significantly contributed to the fields of leadership and organizational behavior.

Goleman

Refers to Daniel Goleman, an author and psychologist who popularized the concept of emotional intelligence and its importance in leadership.