A. TRUE / FALSE QUESTIONS Write either "True" or "False" on the blank preceding each question. 1. The =PMT function in Excel can be used to calculate the "Net Present Value" (NPV) for a capital budgeting project. 2. In an Excel formula, the use of the symbol indicates to Excel that the value following the symbol is an exponent. 3. When preparing a mortgage loan amortization schedule in Excel, it is most efficient to use cell references in formulas, wherever possible, so that the schedule can be quickly and accurately updated when loan parameters change 4. On a fixed-interest-rate mortgage, the loan payment (PMT) will typically increase over the life of the mortgage, reaching its highest value in the final year of the mortgage If a dollar sign precedes both a column letter and a row number for a cell reference in an Excel formula (ie., SDSS), these dollar signs will then hold the cell reference constant, when if the formula is copied to other cells in the Excel worksheet 6. Assume that $375 of an $800 annual mortgage payment is interest expense. The principal portion of the $800 annual mortgage payment would then be $375, also 2. The end-of-year principal balance" at the conclusion of a mortgage loan should have a value of SO or very close to SO