Explain why the PMT function often produces negative results.

What will be an ideal response?


The PMT function often produces negative results because Excel understands accounting cash flow. Since the PMT function yields a periodic payment, this would be a negative cash flow to the consumer.

Computer Science & Information Technology

You might also like to view...

The algorithms in the Standard Library:

a. Use virtual function calls. b. Are implemented as member functions of the container classes. c. Do not depend on the implementation details of the containers on which they operate. d. Are not as efficient as the algorithms presented in most textbooks.

Computer Science & Information Technology

Give the recursive binary search algorithm.

What will be an ideal response?

Computer Science & Information Technology

The selection sort algorithm finds the location of the smallest element in the unsorted portion of the list.

Answer the following statement true (T) or false (F)

Computer Science & Information Technology

The setuid and ____ are UNIX functions that deal with privileges.

A. setdid B. setoid C. setgid D. setprv

Computer Science & Information Technology