The category of functions used in this f

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Target Exam

CUET

Subject

-- Accountancy Part C

Chapter

Use of Spreadsheet in Business Applications

Question:

The category of functions used in this formula = PMT(c10/12, c8, c9, 1).

Options:

Logical

Financial

Payment

Statistical

Correct Answer:

Financial

Explanation:

The correct answer is Option (2) - Financial.

The category of functions used in the formula PMT(c10/12, c8, c9, 1) is Financial.