Which of the following sections of code will calculate the monthly payment for a $150,000 house with a 30 year mortgage at an annual rate of 5.5%, and assign the result to dblMPay?
A) Dim dblAIntRate as Double = 5.5
Dim dblLoanAmt as Double = 150000
Dim intYears as Integer = 30
Dim dblMPay as Double
DblMPay = Pmt(dblAIntRate / 12, intYears * 12, -dblLoanAmt)
B) Dim dblAIntRate as Double = 5.5
Dim dblLoanAmt as Double = 150000
Dim intYears as Integer = 30
Dim dblMPay as Double
DblMPay = Pmt(dblAIntRate, intYears, -dblLoanAmt)
C) Dim dblAIntRate as Double = 5.5
Dim dblLoanAmt as Double = 150000
Dim intYears as Integer = 30
Dim dblMPay as Double
DblMPay = Pmt(dblAIntRate / 12, intYears, -dblLoanAmt)
D) Dim dblAIntRate as Double = 5.5
Dim dblLoanAmt as Double = 150000
Dim intYears as Integer = 30
Dim dblMPay as Double
DblMPay = Pmt(dblAIntRate, intYears * 12, -dblLoanAmt)
Correct Answer:
Verified
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