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Which function will be used to calculate the interest portion of on installment of loan :

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in Application of Electronic Spreadsheet in Accounting by (63.7k points)

Which function will be used to calculate the interest portion of on installment of loan : 

(a) PPMT 

(b) IPMT 

(c) FAPM 

(d) None of these

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Correct answer is (b) IPMT

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