Question: Complete the exercise Cash Outflow Scenarios (Chapter 5 DA Exercise 2) before answering this question. Click on the Lease worksheet. Which of the following statements

Complete the exercise Cash Outflow Scenarios (Chapter 5 DA Exercise 2) before answering this question. Click on the "Lease" worksheet. Which of the following statements is FALSE? Responses The lease duration in years is multiplied by 12 within the second argument of the PMT function. The APR % is divided by 12 within the first argument of the PMT function. The PMT function uses a minus sign in front of the [Fv] argument. The monthly lease payment is made at the beginning of each month

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