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2. Which statements about Excel's FV function are correct? O The FV function has five arguments, and their abbreviations are rate, nper, pmt, pv,
2. Which statements about Excel's FV function are correct? O The FV function has five arguments, and their abbreviations are rate, nper, pmt, pv, and type. If the number for the pmt argument is entered as a positive value and the pv value is zero, the FV value is negative. If the interest rate is 10%, the rate argument can be entered as .1 or 10%. All of the options are correct.
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
