To display a positive result for the CUMIPMT function you would need to nest the ________ function.

Question

Quizplus · Accepted Answer

The CUMIPMT function in Excel calculates the cumulative interest paid on a loan between two periods. To display a positive result from this function, which normally returns a negative value (since interest payments are considered an outflow of cash), you would nest it inside the ABS function. The ABS function returns the absolute value of a number, effectively converting negative numbers to positive.

To Display a Positive Result for the CUMIPMT Function You