In a PMT function, the ____ argument is the original principal value at the beginning of the financial transaction.

Name: In a PMT function, the ____ argument is the original principal value at the beginning of the financial transaction.
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Question

Quizplus · Accepted Answer

The principal value (pv) represents the original amount of money borrowed or invested at the beginning of the financial transaction. Therefore, the correct answer is option C - pv.

In a PMT Function, the ____ Argument Is the Original