If You Don't Know the Number of Periods for a Loan

question 97

Multiple Choice

If you don't know the number of periods for a loan but you know the present value,payment,and number of interest rate,you can use the ________ function to determine the number of periods.

• A)GUESS
• B)PMT
• C)RATE
• D)NPER

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Definitions:

Antidisestablishmentarianism

The political stance against the withdrawal of state support from an established church, notably used in historical contexts such as 19th-century Britain.

Obscure

Not well-known, difficult to understand or see, often due to lack of clarity or brightness.

Negative Terms

Words or phrases used to denote the absence, exclusion, or denial of something within logical or linguistic expressions.

Uncooked

Refers to food that has not been cooked, being in its raw or natural state and not subjected to heat.