Q. Which of the following calculates the quarterly payment on a loan of $6000 for 3 years at 9% interest? Payments should be expressed as a negative number.

  • (A) Financial.Pmt (0.09/4, 3*12, 6000)
  • (B) Financial.Pmt (0.09/4, 3*4, 6000)
  • (C) Financial.Pmt(0.09/12, 3*12, 6000)
  • (D) Financial.Pmt( 0.09/12, 3*4, 6000)
💬 Discuss
✅ Correct Answer: (B) Financial.Pmt (0.09/4, 3*4, 6000)

Published by Sonali Mishra ⭐ 4.53K Points at 12-Mar-2025 11:29 pm in Visual Basics

You must be Logged in to update hint/solution

💬 Discussion

📊 Question Analytics

👁️
245
Total Visits
📽️
1 y ago
Published
🎖️
Sonali Mishra
Publisher
📈
82%
Success Rate