Which of the following is NOT a valid time value of money function in Excel?
A)PMT
B)NPER
C)I
D)FV

Name: Which of the following is NOT a valid time value of money function in Excel? A)PMT B)NPER C)I D)FV
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Question

Quizplus · Accepted Answer

PMT (calculates payment amount), NPER (calculates number of periods), and FV (calculates future value) are all valid time value of money functions in Excel. However, "I" is not a valid function. The correct function for interest rate in Excel is "RATE".

Which of the Following Is NOT a Valid Time Value