The NPER Function Can Be Useful If You Do Not

question 88

True/False

The NPER function can be useful if you do not have all the information you need to calculate loan payments with the PMT function or you would like to verify the actual interest rate of the loan.

---

Definitions:

Campaign Financing

The practice of raising and spending money to fund political campaigns, which is regulated by laws and practices varying significantly between jurisdictions.

Supreme Court

The highest judicial body in a country, often having the final say in legal disputes and the interpretation of laws.

Business Cycle

The fluctuations in economic activity that an economy experiences over a period of time, marked by phases of expansion and contraction.

Recessions

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.