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The Present Value of a Loan Based on Equal Payments

Question 22

Multiple Choice

The present value of a loan based on equal payments is written as ____.


A) PV(rate,nper,pmt,fv,type)
B) PVAL(rate,nper,pmt,fv,type)
C) PV(rate,nper,pmt,term)
D) PVAL(rate,nper,pmt,term)

Correct Answer:

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