Match List-I with List-IIList-IList-II(A

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Target Exam

CUET

Subject

Accountancy Part C

Chapter

Use of Spreadsheet in Business Applications

Question:

Match List-I with List-II

List-I	List-II
(A) Interest rate per period for the loan	(I) Type
(B) Total number of payments for the loan. Its unit (e.g. year) should match with the unit of the interest rate	(II) Rate
(C) Whether payment is made at the beginning (value=1) or at the end (value=0) of the period	(III) FV
(D) Future value, which is taken as 0, is the balance at the end of the loan period	(IV) Nper

Choose the correct answer from the options given below:

Options:

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (II), (B) - (IV), (C) - (I), (D) - (III)

(A) - (IV), (B) - (II), (C) - (III), (D) - (I)

(A) - (IV), (B) - (II), (C) - (I), (D) - (III)

Correct Answer:

(A) - (II), (B) - (IV), (C) - (I), (D) - (III)

Explanation:

The correct answer is Option (2) →

(A) - (II), (B) - (IV), (C) - (I), (D) - (III)