Question: The first argument in a PMT ( loan payment ) function is about the loan's interest rate. If the annual interest rate ( APR )

The first argument in a PMT (loan payment) function is about the loan's interest rate. If the annual interest rate (APR) is in cell B4 and I need to compute a monthly payment, what do I need to type after the cell reference?
Fill in the blank with a mathematical symbol and a number.
=PMT( B4q,, number of payments, money borrowed)
The first argument in a PMT ( loan payment )

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