In which cell is the rate for PMT function where = PMT (C8, C9, C10, C11, C12)
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → C 8
The PMT function takes its arguments in the order rate, nper, pv, fv, type. In =PMT(C8, C9, C10, C11, C12) the first argument, cell C8, holds the rate.
NCERT (2026-27 edition):
NCERT (2026-27 edition):
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