Q536
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)
AnswerC.
Financial.Pmt(0.09/12, 3*12, 6000)
D.
Financial.Pmt( 0.09/12, 3*4, 6000)
Answer: Option B
Solution
Answer: Option B
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