The future_value argument of the Pmt Function is the amount that is being borrowed.

Name: The future_value argument of the Pmt Function is the amount that is being borrowed.
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Quizplus · Accepted Answer

The future_value argument of the Pmt Function is not the amount that is being borrowed. It is the future value of the loan or investment. The present value or amount being borrowed is usually entered as the negative value of the Pmt Function's present_value argument.

The Future_value Argument of the Pmt Function Is the Amount