Which of the following would not produce the correct monthly payment on a loan of $13,000 which will be paid off in 5 years with an annual interest rate of 6%?

A) =PMT(.5%,60,-13000 ) B) =PMT(6%/12,60,-13000)
C) =PMT(6%,60,-13000 ) D) =PMT(.5%,5*12,-13000)


C

Computer Science & Information Technology

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