Que: Which of the following calculates the quarterly payment on a loan of $6000 for 3 years at 9% interest? Payments should be expressed as a negative number.

a. Financial.Pmt (0.09/4, 3*12, 6000)
b. Financial.Pmt (0.09/4, 3*4, 6000)
c. Financial.Pmt(0.09/12, 3*12, 6000)
d. Financial.Pmt( 0.09/12, 3*4, 6000)
Answer: Financial.Pmt (0.09/4, 3*4, 6000)

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