Which of the Following Sections of Code Will Calculate the Monthly

question 15

Multiple Choice

Which of the following sections of code will calculate the monthly payment for a $150,000 house with a 30 year mortgage at an annual rate of 5.5%, and assign the result to dblMPay?

• A) Dim dblAIntRate as Double = 5.5
• Dim dblLoanAmt as Double = 150000
• Dim intYears as Integer = 30
• Dim dblMPay as Double
• DblMPay = Pmt(dblAIntRate / 12, intYears * 12, -dblLoanAmt)
• B) Dim dblAIntRate as Double = 5.5
• Dim dblLoanAmt as Double = 150000
• Dim intYears as Integer = 30
• Dim dblMPay as Double
• DblMPay = Pmt(dblAIntRate, intYears, -dblLoanAmt)
• C) Dim dblAIntRate as Double = 5.5
• Dim dblLoanAmt as Double = 150000
• Dim intYears as Integer = 30
• Dim dblMPay as Double
• DblMPay = Pmt(dblAIntRate / 12, intYears, -dblLoanAmt)
• D) Dim dblAIntRate as Double = 5.5
• Dim dblLoanAmt as Double = 150000
• Dim intYears as Integer = 30
• Dim dblMPay as Double
• DblMPay = Pmt(dblAIntRate, intYears * 12, -dblLoanAmt)

---

Definitions:

Cued Recall

A memory retrieval process in which prompts or hints are given to stimulate recall.

Source Amnesia

A type of amnesia where an individual can remember certain information but is unable to recall where, when, or how they obtained that information.

Implicit Memory

A type of memory that enables us to perform tasks without conscious awareness of the previous experiences influencing our actions.

Implicit

Something implied or understood though not directly expressed; underlying or existing in a latent or unexpressed form.