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To answer these questions, please use your knowledge of Excel and your materials that you have seen in class and on assignments. A PMT function
To answer these questions, please use your knowledge of Excel and your materials that you have seen in class and on assignments.
A PMT function is placed in cell Which cellA A A or A will contain the amount of the loan, given the function
a A
b A
C
D A
The function returns
a The product of cells and if cell is greater than
b The sum of cells and if cell is less than A
c Both a and b
d Neither a nor b
Given that cells B C and D contain the numbers and respectively, what value will be returned by the function
a
b
c
d
You want to copy a formula to several different cells. Which of the following cell references would be used to create a formula where the row changes, but not the column, when the formula is copied elsewhere?
a $C
b C$
c $$
d C
e Each of the above are references where the column would not change during the copy process.
The annual interest rate, term in years, and principal of a loan are stored in cells and respectively. Which of the following is the correct PMT function, given monthly payments?
a
b
c
d
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