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Asked by Anupama Balaji on Jul 07, 2024

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Which of the following are financial functions? Select all the options that apply.

A) PMT
B) PROPER
C) NPER
D) FV

Financial Functions

Specific mathematical formulas used in spreadsheets or financial software to perform calculations related to finance, such as interest rates, payments, and investment returns.

FV

Future Value, a finance function that calculates the future value of an investment based on a constant interest rate and fixed payments over time.

PMT

A financial function that calculates the payment for a loan based on constant payments and a constant interest rate.

  • Understand the application of financial functions in Excel.
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JP
Jason ParrisJul 11, 2024
Final Answer :
A, C, D
Explanation :
PMT, NPER, FV are all financial functions commonly used in financial analysis, such as calculating loan payments, the number of periods to pay off a loan, and future value of an investment. PROPER, on the other hand, is a text function used to capitalize the first letter of each word in a text string.

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