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Computers and TechnologyComputers and Technology
23 January, 10:33

Stella is a bank executive. She is preparing a spreadsheet on the loan repayment schedules of customers. Which function can she use to calculate the periodic payments?

A. What-If analysis

B. PMT

C. Regression Analysis

D. Min

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Answers (1)
  1. 23 January, 12:22
    0
    The answer is B: PMT

    Stella will use the PMT function to calculate the payment for a loan that has constant interest rate and payments. This function is a financial function that can be used to calculate the monthly payment due on a personal loan. The syntax for PMT is = PMT (rate, nper, pv, [fv], [type])
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Home » Computers and Technology » Stella is a bank executive. She is preparing a spreadsheet on the loan repayment schedules of customers. Which function can she use to calculate the periodic payments? A. What-If analysis B. PMT C. Regression Analysis D. Min
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