A loan that is completely paid off would have an fv of ____.
A) 0
B) the original amount of the loan
C) the monthly payment
D) none of the above
Correct Answer:
Verified
Q45: A bank account would have an fv
Q46: In a PMT function, the _ argument
Q47: The APR reflects the _ being paid
Q48: In a PMT function, the _ argument
Q49: _ include(s) points, loan application fees, or
Q51: When cash is received, it is considered
Q52: In financial functions, the default transaction (type
Q53: The _ function finds the value of
Q54: In a PMT function, the _ argument
Q55: In financial functions, type _ indicates payments
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