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Mathematics, 28.03.2021 02:30 burnsmykala23

What is the formula needed for Excel to calculate the monthly payment needed to pay off a mortgage for a house that costs $189,000 with a fixed APR of 3.1% that lasts for 32 years? Group of answer choices which is the correct choice

=PMT(.031/12,32,-189000)

=PMT(.031/12,32*12,189000)

=PMT(3.1/12,32*12,-189000)

=PMT(.031/12,32*12,-189000)

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Answers: 1

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