Exploring Microsoft Excel 2003 Comprehensive
For Introductory Computer courses in Microsoft Office 2003 or courses in Computer Concepts with a lab component for Microsoft Office 2003 applications.
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Financial functions, such as the PMT function we are about to study, are
especially important in business. The PMT function requires three arguments (the
interest rate per period, the number of periods, and the amount of the loan), from
(a) The entries in cells D 1 2 through D 1 8 are in (a) Interest Rate, Term,
Principal ascending order (b) Term, Interest Rate, Principal (b) The entries in
cells D 1 2 through D 1 8 are in (c) Interest Rate, Term, Annual Amount
descending order (d) ...
The Roth IRA: Figure 4.21 displays a Word document with an Excel worksheet
and associated chart that displays the value of an IRA for various combinations of
interest rates and years invested. (The chart is not visible in Figure 4.21.) ...
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