The syntax of the PMT function is PMT(rate, nper, pv, [fv], [type]). The first argument is the interest rate. In the given formula = PMT(C8, C9, C10, C11, C12), the cell reference C8 is in the position of the rate argument. Therefore, the rate is in cell C8.
In which cell is the rate for PMT function where = PMT (C8, C9, C10, C11, C12)
CUET UG 2022 — Accountancy Computerised Accounting
2022mcqmedium
In which cell is the rate for PMT function where = PMT (C8, C9, C10, C11, C12)
Official previous-year question
Held on 15 Jul 2022 · Verified 13 Jul 2026.
Options
- A
C 10
- B
C 12
- C
C 8
- D
C 9
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