Explain the purpose of one of the arguments in the Pmt function.
What will be an ideal response?
Any of these are examples:
• Interest Rate Per Period: Interest rates are usually stated as annual rates, so convert to the rate per period. If a loan is paid monthly, divide the yearly rate by 12.
• Number of Periods: Multiply the number of years by the number of payments per year. A monthly payment would be calculated as the number of years multiplied by 12.
• Present Value: The amount a customer is borrowing.
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Fill in the blank(s) with the appropriate word(s).
The ________ option in the Restrict Formatting and Editing task pane restricts the use of the document so that a user can only fill in the content controls in the document
A) Exceptions B) Editing restrictions C) Start Enforcement D) Formatting restrictions
A UPS combines the functionality of a surge suppressor and a battery backup
Indicate whether the statement is true or false
Which button plays a slide show?
A. Slide Show button on the status bar B. Slide Sorter button on the View tab C. Normal button on the View tab D. Slide Master view button on the View tab