Instruction: a. For item 1 to 6, write T if the answer is TRUE; F if the answer is FALSE. b. For item 7 to 20 write the letter corresponding to the correct answer for each item. | 3) In the example shown below, cell C7 uses absolute reference. 12 Months per Year 0.05 10000 --PMT/B2/12,81,83) Payment 5854 -5854 1 Loan Term 2 Interest Rate 3 Initial Value 4 Payment 5 6 Month 7 January 8 February 9 March 10 April 11 May 12 June 13 MY 14 A 15 September 16 October 17 November 18 December 19 Interest Charged -3382/12 -075852/12 -08*$B$2/12 -09 58$2/12 010'5852/12 -011$8$2/12 -0125852/12 01350$2/12 2014'58$2/12 -0155852/12 -016*5852/12 01705052/12 -5854 -5854 $ $854 -5854 -5854 -5854 -5854 S854 New Balance 63.87-07 -07-38-C8 -08.89-09 -09-310-C10 2010-11-011 -011-012-012 -0124813-C13 -013-014-014 MDI4+B1-15 -015-016-016 -16.817-C17 0170818-C18 4) In the example shown below, cell B3 is a data cell. Months per Year 0.05 10000 --PMT(82/12,81,83) 1 Loan Term 2 Interest Rate 3 Initial Valve 4 Payment 5 6 Month 7 January 8 February 9 March 10 April 11 May Interest Charged New Balance Payment S854 $854 S854 13 July 14 August 15 September 16 October 17 November 18 December 19 -07*$B$2/12 085092/12 -0958$2/12 010"$B$2/12 *011 SB52/12 0125852/12 013*$B$2/12 014'5852/12 -015*5852/12 016*$B$2/12 017"$8$2/12 S854 054 -S854 S854 $854 -5854 SB54 -S854 -07.88-C8 08.09-09 -09-310-10 010-811-C11 *011-012-C12 012-813-C13 -0134814-C14 034.815-CIS -015-816-C16 016-817-C17 017-818-C18