14 The following loan data is entered into an Excel worksheet: Loan Principal, cell B1, $555,000 APR, cell B2, 6.50% Terms, cell B3, 40 years Assume loan payments are made monthly, (end of each month). Which of the following functions will accurately calculate the required monthly payments for this loan? (assume the fv argument is 0) O None of the answers are correct. PMT(B2/12,83 12,-B1,0,1) PMT(B2/12,B3*12,B1,0,0) O-PMT(B2/12,B3*12,B1,0,1) OPMT(B3/12,82 12,-B1,0,0) Previous Next