If a spreadsheet program includes a built-in present value function, the program inputs the formula and users input all of the following EXCEPT the ____.
A)amount
B)discount rate
C)number of time periods
D)net present value

Question

Quizplus · Accepted Answer

The built-in present value function in a spreadsheet program already includes the formula to calculate present value using the inputs of amount, discount rate, and number of time periods. Therefore, users only need to input the net present value they want to calculate, as all other inputs are already accounted for by the built-in function.

If a Spreadsheet Program Includes a Built-In Present Value Function