In Excel, which function is used to calculate the number of periods for a loan? MCQ with Answer and Explanation

In Excel, which function is used to calculate the number of periods for a loan?
A. NPER
B. PV
C. PMT
D. RATE
Answer: Option A
Solution (By JKSSB Mock Tests)
NPER calculates the number of payment periods.

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Practice More Microsoft Office Questions

Question #1
Which of the following is the file extension for a Microsoft Excel template?
A. .xlsx
B. .xltx
C. .xls
D. .xlsm

Correct Answer: Option B


Explanation:
.xltx is Excel template.

This question belongs to: Computer Microsoft Office
Question #2
In PowerPoint, which tab allows you to add a video from YouTube?
A. Slide Show -> Video
B. Design -> Video
C. Animations -> Video
D. Insert -> Video -> Online Video

Correct Answer: Option D


Explanation:
Online Video is in Insert tab.

This question belongs to: Computer Microsoft Office
Question #3
In MS Word, which key is used to delete text to the right of the insertion point?
A. End
B. Backspace
C. Insert
D. Delete

Correct Answer: Option D


Explanation:
Delete key removes the character to the right. Backspace deletes to the left.

This question belongs to: Computer Microsoft Office