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 ...

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 ...

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 ...

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 ...

Too many financial decisions are made without factoring in the time value of money. Whether providing financial planning advice related to a client’s retirement, advising a client about a business ...

Microsoft Excel is a powerhouse data management tool used in business, research, and education. Today, the application offers over 450 built-in functions. Whether you’ve just started your first ...

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 ...