Tag: technology

Questions Related to technology

To save $60,000 in 18 years, which function could calculate how much to save each month to end up with that amount?

technology

  1. FV

  2. PV

  3. AMT

  4. PMT

Show answer
Correct Option: D

______ Indicates That A Field Can Be Modified In The Program By The OS, The Hardware, Or A Concurrently Executing Thread?
technology programming languages

  1. override

  2. volatile

  3. unsafe

  4. virtual

Show answer
Correct Option: B

_______ Keyword Explicitly Hides A Member Inherited From A Base Class?

technology programming languages

  1. internal

  2. implicit

  3. explicit

  4. new

Show answer
Correct Option: D

How do you change column width to fit the contents?
technology

  1. Single-click the boundary to the left of the column heading.

  2. Double-click the boundary to the right of the column heading.

  3. Press ALT and single-click anywhere in the column.

  4. None of the above.

Show answer
Correct Option: B

Is the database and DBMS software together is called as Database system?
technology databases

  1. True

  2. False

Show answer
Correct Option: A

What does the SUMIF function do?

technology

  1. Adds all the numbers in a range of cells.

  2. Adds up cell values based on a condition.

  3. Returns a subtotal in a list or database.

  4. None of the above.

Show answer
Correct Option: B

You can use a function to combine text from two cells into one cell. But you can use an operator to do the same thing. Which operator is that?
technology

  1. & (ampersand)

  2. = (equal sign)

  3. (space)

  4. $ (Dollar sign)

Show answer
Correct Option: B

Which function calculates depreciation at the same amount each year over an asset's useful life?
technology

  1. DB (fixed-declining balance)

  2. DDB (double-declining)

  3. SLN (straight-line depreciation)

  4. None of the above.

Show answer
Correct Option: C

What does the VLOOKUP function do?
technology

  1. Looks up text that contains "v".

  2. Checks whether text is the same in one cell as in the next.

  3. Finds related records.

  4. None of the above.

Show answer
Correct Option: C

Which function calculates your monthly mortgage payment?

technology

  1. PMT

  2. NPER

  3. NV

  4. PV

Show answer
Correct Option: A

AI Explanation

To calculate your monthly mortgage payment, you would use the PMT function.

Option A) PMT - This option is correct because the PMT function in finance calculates the monthly payment for a loan or mortgage. It takes into account the principal amount, interest rate, and loan duration.

Option B) NPER - This option is incorrect because the NPER function calculates the number of periods required to pay off a loan or investment. It does not calculate the monthly payment amount.

Option C) NV - This option is incorrect because there is no such function as NV in finance. It does not calculate the monthly mortgage payment.

Option D) PV - This option is incorrect because the PV function calculates the present value of a future payment or investment. It does not calculate the monthly mortgage payment amount.

Therefore, the correct answer is option A) PMT.