If you were going to evaluate the how much money you would need to save each month if you wanted to have a specific amount of money in the future, which Excel function would help you calculate it.
A)PMT
B)FV
C)Profit
D)Invest

Question

Quizplus · Accepted Answer

The PMT function in Excel is used to calculate the payment for a loan or the amount that needs to be saved each month to reach a specific financial goal in the future, making it the correct choice for evaluating how much money you would need to save each month.

If You Were Going to Evaluate the How Much Money