Question: I NEED HELP WITH QUESTION ASAP!! PLEASE GIVE ME THE CORRECT ANSWER!! THANKS!! 28. Assume we are going to use the PMT function to calculate
I NEED HELP WITH QUESTION ASAP!!
PLEASE GIVE ME THE CORRECT ANSWER!!
THANKS!!

28. Assume we are going to use the PMT function to calculate a monthly payment due at the end of each month. The annual interest rate on the loan is 6% and it will cover 10 years. Which of the following statements is TRUE? A. The 1st argument is the number of periods and the number of periods within this PMT function would be 10 B. The last argument within this PMT function is the [Type] argument and the argument would be the number C. The 1st argument is the rate and the rate within the PMT function would be 1%. D. The 1 st argument is the rate and the rate within the PMT function would be 5%. E. The 2nd argument is the number of periods and the number of periods within this PMT function would be 120
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