Which of the following category of functions is used in this formula: =PMT(C10/12,C8,C9,1)? |
Logical Financial Statistical Payment |
Financial |
The correct answer is option 2- Financial. The formula PMT(C10/12,C8,C9,1) uses a Financial function. PMT is a financial function that calculates the periodic payment for a loan or investment based on constant payments and a constant interest rate. |