The PMT value is also known as the ____ payment.
A) periodic
B) placement
C) inflow
D) indexed

Name: The PMT value is also known as the ____ payment. A) periodic B) placement C) inflow D) indexed
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Question

Quizplus · Accepted Answer

The PMT value is the periodic payment made towards a loan or investment, so choice A ("periodic") is the best answer. Choice B ("placement") does not accurately reflect the purpose of the PMT value, and choices C ("inflow") and D ("indexed") are not used to describe the PMT value.

The PMT Value Is Also Known as the ____ Payment