The first step in the business analytic process is?

Select one:

a.Collect the data

b.Predict the outcome

c.Determine the needs of the business

d.Analyze the data

Which of the following scenarios will yield INACCURATE results long-term when using the PMT function.

Select one:

a.When the interest rate is the same every month for the whole period.

b.Using an unequal number of months for the NPER.

c.When the interest rate changes every month.

d.When the monthly payment is the same every month until the loan is repaid.