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Standard VI

Mathematics

Different Types of Accounts

What category...

Question

What category of function is used in this formula: =FV (C1, C2, C3, C4, C5)

[0.88 marks]

Logical

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Mathematical

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Financial

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Statistical

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Solution

The correct option is C Financial
FV is one of the financial functions that calculates the future value of an investment based on a fixed interest rate.

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What category of function is used in this formula: =FV (C1, C2, C3, C4, C5) [0.88 marks]

The correct option is C FinancialFV is one of the financial functions that calculates the future value of an investment based on a fixed interest rate.

What category of function is used in this formula: =FV (C1, C2, C3, C4, C5)

[0.88 marks]

The correct option is C Financial
FV is one of the financial functions that calculates the future value of an investment based on a fixed interest rate.