It is permissible to use the percent (%)sign when entering the interest rate in the Pmt function.

Name: It is permissible to use the percent (%)sign when entering the interest rate in the Pmt function.
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It is permissible and common to use the percent (%) sign when entering the interest rate in the Pmt function in Microsoft Excel. For example, if the interest rate is 5%, it can be entered as 5% or 0.05 in the function.

It Is Permissible to Use the Percent (%)Sign When Entering