Question: Which statements about Excels FV function are correct? The FV function has five arguments, and their abbreviations are rate, nper, pmt, pv, and type. If

Which statements about Excels FV function are correct?

The FV function has five arguments, and their abbreviations are rate, nper, pmt, pv, and type. If the number for the pmt argument is entered as a positive value and the pv value is zero, the FV value is negative. If the interest rate is 10%, the rate argument can be entered as .1 or 10%. All of the options are correct.

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