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Q144
(CISF/2019)
Science & Technology › ICT, AI, Cybersecurity & Emerging Tech
In MS-Excel 2007, NPV(rate, value1, [value 2], ... ) is a financial function that returns
Explanation
In MS-Excel, the NPV (Net Present Value) function calculates the net value of an investment by using a discount rate and a series of future cash flows. The rate represents the discount rate for one period, while value1, value2, ... represent payments (negative values) and income (positive values) occurring at the end of each period.
- Option B describes the
NPERfunction, which calculates the number of periods for an investment. - Option C describes the
FVfunction, which calculates the future value of an investment with constant payments. - Option D describes the
FVSCHEDULEfunction, which calculates the future value of an initial principal after applying a series of compound interest rates.
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