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You are learning Microsoft Excel
Quiz: Question 1
What is the correct equation for Deo
Answer (1) = PMT (8/12, 3, -12500)
Answer (2) = PMT (.08/12, 36, -12500)
Have students use actual figures in place of cell references to make sure they understand which values go in which areas in the equation.
Later on in the chapter, actual cell references will be used.