MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-To calculate payments for any type of loan
A)NOW
B)PMT function
C)Principal
D)Simple interest
E)fv
F)

Question

MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-To calculate payments for any type of loan
A)NOW
B)PMT function
C)Principal
D)Simple interest
E)fv
F)<
G)F4
H)Absolute references
I)nested
J)mixed
K)Mon,Tues,Wed,Thurs,Fri
L)Median

Quizplus · Accepted Answer

PMT function is used to calculate payments for any type of loan.

Answer: C
 Principal is the amount of money borrowed or invested, separate from interest.

Answer: J
 Mixed references refer to a formula where a cell reference contains a mixture of absolute and relative reference symbols.

Answer: L
 Median is the middle value in a group of numbers when they are listed in order.

MATCHING Identify the Letter of the Choice That Best Matches the the Phrase