Which Function Calculates a Periodic Rate for an Investment or Loan

question 77

Multiple Choice

Which function calculates a periodic rate for an investment or loan given the number of payments, fixed periodic payments, and present value?

• A)IPMT
• B)RATE
• C)NPER
• D)PV

---

Definitions:

Females

Individuals of a species that are typically characterized by the ability to produce eggs or bear offspring.

Lac Operon

An example of gene regulation in prokaryotes, involving a group of genes that are involved in the transport and breakdown of lactose in the cell.

Repressor

A substance, often a protein, that inhibits the expression of a gene.