In this tutorial, we want to find the monthly payment. Open Microsoft Excel. Use an existing table or create a table. In the cell opposite monthly payment, type =PMT then bracket. We will now enter ...

The PMT function is an Excel Financial function that returns the periodic payment for an annuity. The formula for the PMT function is PMT(rate,nper,pv, [fv], [type]). The NPV function returns the net ...

As someone deeply involved in the world of finance and accounting, I heavily rely on the power and versatility of Microsoft Excel. It’s not just about spreadsheets and endless numbers; it’s about ...

Microsoft Excel 2010 can be a huge help for a business when it comes to crunching the businesses numbers. Excel has a number of financial functions revolving around the periodic interest rate, which ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Suzanne is a content marketer, writer, and fact-checker. She ...

Ever found yourself puzzled by how to calculate your monthly loan repayments accurately? You’re not alone. Many people struggle with understanding the intricacies of loan amortization. But what if I ...