The _______ function calculates the amount paid into an investment or loan during each payment period.
A)NPER
B)RATE
C)PMT
D)INT

Question

Quizplus · Accepted Answer

The PMT (Payment) function in Excel calculates the amount paid into an investment or loan during each payment period. The NPER (Number of Periods), RATE (Interest Rate), and INT (Interest) functions serve different purposes in financial calculations.

The _______ Function Calculates the Amount Paid into an Investment