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The FV and Type arguments are optional in the PMT function.

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10y ago

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Does The PMT function have 4 arguments in Excel?

No, it has five arguments. Two of them are optional.The syntax for the PMT function is:PMT(interest_rate, number_payments, PV, FV, Type)The FV and Type arguments are optional.


In Excel payment function what are the 2 kinds of arguments?

That could be answered in different ways, depending on what you mean by kinds of arguments. There are mandatory and optional arguments. There are 4 numeric ones and 1 logical one.


How many arguments can the average function have?

The AVERAGE function has up to 255 arguments in Excel.


What does Excel use to separate multiple arguments in a function?

Commas are used to separate arguments in Excel functions.


Values used with a function in Excel?

Arguments


Are optional arguments in Excel always placed first in the argument list?

No. They can be anywhere within the list.


Where do you find a list of Excel arguments?

Each function in Excel that has arguments will differ in terms of what arguments are needed. The help for a particular function will indicate what arguments may be needed. Some functions can be used in different ways and may not always need all arguments.


Arguments that compromise a PMT function in excel are separated by?

Commas.


What is the value that determines how an Excel function should be used?

A function will have a name, brackets and inside the brackets certain values will be needed, depending on the function. Some functions, like NOW(), do not need anything inside the brackets. Most functions have a set number of values needed in the function, and many have ones that are optional.


When the function argument box appears in excel?

When you choose the Insert Function command and then pick a function to use, it will appear so that you can type arguments into it.


What is the difference between argument and function in Excel?

A function is a built-in formula in Excel designed to do a particular task. Arguments are values that you provide to a function to do its task, like cell address that hold numbers that you want to use for the function. For example, the numbers and addresses in the following SUM function are arguments: =SUM( A2:A5, 7, 800, B18 )


What exactly is an optional argument in Excel?

An argument is something inside the brackets of a function that is needed for it to work. An optional argument is an argument that can be left out, in which case a default value is often used. So the function will work with or without the optional argument. For example, if you are using the MATCH function you must specify what it is searching for and the range it is searching in. Those two arguments have to be put in, or it won't work. You can also specify what way it searches, using an optional argument. The MATCH function will find the largest value that is less than or equal to what you searching for if you put in 1, with the values in ascending order. Putting in 0 means it must find an exact match. It will find the smallest value that is less than or equal to what you searching for if you put in -1, with values having to be in descending order. If you leave it out completely, it uses 1 as the default.