Topic: PMT Function
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How to Use the PMT Function in Excel
If you need to calculate how much the payment is for a loan, you can do so by using Microsoft Excel. Excel has financial functions you can access to find out how long it takes to pay a loan off, how much interest you will pay over the cours... Read More »
Source: http://www.ehow.com/how_6580767_use-pmt-function-excel.html?ref=T...
What does a pmt function do?
The PMT function returns the payment amount for a loan based on an interest rate and a constant payment schedule. The syntax for the PMT function is: PMT(interest_rate, number_payments, PV, FV, Type) interest_rate = interest rate for the lo... Read More »
Source: http://wiki.answers.com/Q/What_does_a_pmt_function_do
What is a pmt function in excel
Answer: The PMT function one of Excel's Financial functions can be used to ... ...MORE... Read More »
Source: http://www.chacha.com/question/what-is-a-pmt-function-in-excel
Featured Content:
PMT Function
The PMT function, or the payment function, is a common formula utilized in Microsoft Excel. The function determines the periodic payment amounts of a loan given a number of variables, including the number of… More »
Difficulty:
Easy
Source: www.ehow.com
More Common Questions
Answers to Other Common Questions
first divide a million by (1 + .08/12)^60 power to figure how much you need to get a million in 5 years, I get $671,210.44 then: In excel cell type: =PMT(.08/12,10*12,0, 671210.44) I'm gettin 3668.90 I compounded the first ten years monthly...
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Source: http://answers.yahoo.com/question/index?qid=20080722062316AAsXDiS
You mean like this? Private Sub Form_Load() Dim i As Integer, s As Single For s = 5 To 15 Step 0.5 cboRate.AddItem Format(s, "0.0") & " %" Next For i = 1 To 10 cboTerm.AddItem i & " Years" Next cb...
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Source: http://www.experts-exchange.com/Q_11754478.htm
PMT function returns the payment amount for a loan based on an interest rate and a constant payment schedule. PMT(interest_rate,number_payments,PV,FV,Type) interest_rate = interest rate for the loan number_payments = number of payments for ...
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Source: http://wiki.answers.com/Q/How_do_you_enter_a_pmt_function_to_calc...
PV function: PV(rate,#per,[pmt],[fv],[type]). FV function: FV(rate,#per,[pmt],[pv],[type]). PMT: PMT(rate,#per,pv,[fv],[type]).
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Source: http://www.chacha.com/question/what-is-the-syntax-in-microsoft-ex...
Don't enter the rate as a percent. Use .0339/12, not 3.39/12. I did that and Excel says $435.42.
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Source: http://answers.yahoo.com/question/index?qid=20120205180150AAUtIvp
If you mean the formula, see http://www.tvmcalcs.com/tvm/formulas/reg…
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Source: http://answers.yahoo.com/question/index?qid=20111209215447AAidnG7
