When using a financial calculator, i stands for the ____.
A) interest rate per period
B) number of periods
C) present value amount
D) future value amount

Question

Quizplus · Accepted Answer

When using a financial calculator, i typically stands for the interest rate per period. This is a necessary variable in many financial calculations such as determining the future value of an investment or the monthly payment on a loan.

When Using a Financial Calculator, I Stands for the ____