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Author Question: The PMT function calculates the payment for a loan based on constant payments and at a constant interest rate. (Read 114 times)

Beheh

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Question 1

When borrowing money, the interest rate and number of periods is quoted in months.
◦ true
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Question 2

The PMT function calculates the payment for a loan based on constant payments and at a constant interest rate.
◦ true
◦ false


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Marked as best answer by Beheh on Mar 18, 2019

raili21

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