Consider a $50,000, 8% loan, with monthly payments of $650.94. The first payment is due one month after the loan is made.
Which of the following Excel inputs would allow vou to determine the number of
monthly payments required to pay off the loan? Select the three that apply.
a. =per(8%/12,650.94,50000)
b. =Nper (8%/12,650.94,-50000)
c. =Nper(8%/12,650.94,-50000, 1)
d.=NPER(8%/12,650.94,-50000,0)
e. =Nper(8%/12,-650.94,50000)
f.=Nper(8%/12-650.94.50,000)
g. =Nper(8%/12,-650.94,-50000)
h.=NPER0.08/12,650.94.-50000)
