In Excel, the 'PMT' function calculates: MCQ with Answer and Explanation

In Excel, the 'PMT' function calculates:
A. Future value
B. Present value
C. Interest rate
D. Loan payment amount
Answer: Option D
Solution (By JKSSB Mock Tests)
PMT returns periodic payment.

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Microsoft Office Questions

Question #1
In MS Access, to import data from an Excel file, you can use:
A. External Data tab -> Import Excel
B. Database Tools -> Import
C. Create tab -> Table from Excel
D. Home tab -> Get External Data

Correct Answer: Option A


Explanation:
The External Data tab provides import and link options.

This question belongs to: Computer Microsoft Office
Question #2
In MS Word, what does 'Widow/Orphan control' prevent?
A. Overlapping text and images
B. A single line of a paragraph at the top or bottom of a page
C. Page breaks before headings
D. Two consecutive hyphens

Correct Answer: Option B


Explanation:
Widow/Orphan control keeps at least two lines together at page breaks.

This question belongs to: Computer Microsoft Office
Question #3
What is the function of the keyboard shortcut Ctrl + Y in MS Word?
A. Redoes or repeats the last action performed
B. Undoes the last action performed
C. Inserts a time index stamp
D. Cuts the selected item block

Correct Answer: Option A


Explanation:
Ctrl + Y is the shortcut to Redo or repeat an action that was reversed via the Undo (Ctrl + Z) command.

This question belongs to: Computer Microsoft Office