_________ cell is the rate for PMT funct

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Target Exam

CUET

Subject

Accountancy

Chapter

Use of Spreadsheet in Business Applications

Question:

_________ cell is the rate for PMT function where = PMT (C₈, C₉, C₁₀, C₁₁, C₁₂)

Options:

C₈

C₉

С₁₀

C₁₂

Correct Answer:

C₈

Explanation:

The correct answer is Option (1) - C₈

In C8 the Rate for PMT function where = PMT (C8, C9, C10, C11, C12)