The correct answer is A. -3304.88.
The Financial.Pmt function calculates the periodic payment for a loan based on the loan amount, interest rate, and number of payments. In this case, the loan amount is $9000, the interest rate is 5%, and the number of payments is 3. The formula for the Financial.Pmt function is:
Financial.Pmt(rate, nper, pv, [fv], [type])
where:
- rate is the interest rate per period, expressed as a decimal
- nper is the number of payments
- pv is the present value of the loan
- fv is the future value of the loan, which is usually 0
- type is a number that indicates when payments are made. A value of 0 indicates that payments are made at the beginning of each period, and a value of 1 indicates that payments are made at the end of each period.
In this case, the rate is 0.05, the nper is 3, the pv is 9000, the fv is 0, and the type is 0. Substituting these values into the formula, we get:
Financial.Pmt(0.05, 3, 9000, 0, 0) = -3304.88
Therefore, the output of the following Visual Basic expression is -3304.88:
Financial.Pmt (0.05, 3, 9000)
The other options are incorrect because they do not represent the correct output of the Financial.Pmt function.