Payment is the amount of the payment made each period.
Substitute the given value for the argument of the function.
Limits (or limiting values) are values that a function may approach (but not actually reach) as the argument of the function approaches some given value. The function is usually not defined for that particular value of the argument.
The FV and Type arguments are optional in the PMT function.
When a function is passed by value the calling function makes a copy of the passed argument and works on that copy. And that's the reason that any changes made in the argument value does gets reflected to the caller.
If you mean 'call by value' then, it means a method of passing argument to a function in c++. In this a copy of argument is passed to function and changes are not reflected.
The FV function calculates the future value of an investment.
It is called the argument of the function.
In call by value, the value of the argument is passed to the function, while in call by name, the expression for the argument is passed and evaluated each time it is used in the function.
No. One argument of function may have only one value. So, if it has more than one value, it is not a function.
Where there is no need to return any type of value from a function
I'm not sure I understand you as it wouldn't make sense for a function to return a default value. Do you actually mean can a function return an argument that has a default value? If so, then yes. Any argument passed to a function, whether defaulted or not, can be returned by the same function. If the argument is passed by value then you must return it by value. If passed by reference (which cannot be defaulted) then you can either return by reference or by value. However, if you pass by non-constant reference then you can just use the reference as an output argument, and use the actual return value for some other purpose, such as reporting any error condition(s) created by the function. Overloaded functions are no different to ordinary functions, the only criteria is that each overload has an unique signature. The return value does not form any part of the signature, thus signatures cannot differ by return type alone.
In programming, an argument takes a value or vales and performs an operation is called a function or method. If a method does not return a value, it is described as 'void'.