n NISM Certifications
NSM General NISM
Medium

When should "Beginning" be selected in Excel TVM functions?

Practice question from Advanced B1 S5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    When investment is annual

  2. When payments happen at the start of each period

    Correct answer

  3. C

    When returns are negative

  4. D

    When using lump-sum investments

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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