Question: Question 1 0 1 pts What will this formula do ? PMT ( rate , nper, p v , , ) calculates the annual percentage

Question 10
1 pts
What will this formula do?
PMT (rate, nper, pv,,)
calculates the annual percentage rate for an interest rate given the number of times per year that interest is charged
calculates the number of payments that will be made to pay off a loan given the interest rate, payment amount, and original loan amount
calculates the payment amount for a loan given the interest rate, number of payments to be made to pay off the loan, and the original loan amount
Question 1 0 1 pts What will this formula do ?

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