Which Function Will Return the Total Number of Periods on a $20000

question 95

Multiple Choice

Which function will return the total number of periods on a $20000 loan at 5% interest and a $600 payment?

• A)NPER
• B)RATE
• C)IPMT
• D)PPMT

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Definitions:

Salesperson's Task

The duties and activities performed by a salesperson, including identifying potential buyers, presenting products or services, and closing sales.

Prospecting

The process of identifying potential customers or clients for your business's products or services.

Telemarketing

Personal selling conducted entirely by telephone, which provides a company’s marketers with a high return on their expenditures, an immediate response, and an opportunity for personalized two-way conversation.

Missionary Selling

A sales technique where the seller focuses on the benefits of the product rather than making an immediate sale, often educating the customer on the product’s value.