Question: In the RATE function, the Pmt value is postive (+) and the Pv value is negative because the Pmt value is an investment and payments

In the RATE function, the Pmt value is postive (+) and the Pv value is negative because the Pmt value is an investment and payments are coming to you, whereas the Pv value is negative because that is money you spent investing the company.

True or False

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