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CUET Accountancy 2026 PYQs29 May Shift 2. Free, no login required.

Computerised Accounting

past year questions, CUET Accountancy 2026 29 May Shift 2

Spreadsheet

past year questions, Computerised Accounting, CUET Accountancy 2026 29 May Shift 2

Easy

Computerised Accounting

Which category of functions is used in the formula of PMT?

Solution

✅ Correct Option: 1

PMT calculates the periodic instalment of a loan or annuity and is listed under the Financial category of spreadsheet functions, along with SLN, DB, FV, PV and RATE. There is no category named Payment.

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