Question

Which Excel function is used to calculate the amount of each annuity payment? FV NPV PMT...

Which Excel function is used to calculate the amount of each annuity payment?

FV

NPV

PMT

PV

Which fields are required to calculate the rate of return (RATE) for a present value calculation in Excel?

Nper, PMT, and NPV

Nper, PMT, and PV

Type, PMT, and FV

PMT, Type, and NPV

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Answer #1

Which Excel function is used to calculate the amount of each annuity payment?

PMT

PMT funtion is used to find the annuity payment =PMT(Rate,PV,FV,Type)

Which fields are required to calculate the rate of return (RATE) for a present value calculation in Excel?

Nper, PMT, and PV are required to calculate the rate of return
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