![]() Although the syntax for this function may seem daunting, especially to those of us who do not work in the financial services industry, when utilized correctly, it can take a lot of work out of calculating loan and investment amounts. The PMT function is considered to be the most popular and used financial formula in Excel. Test your Excel skills with the corresponding FREE Online Multiple Choice ![]() Financial Functions in Excel Tutorial – Free Online Microsoft Excel 2010 Tutorial –įormulas and Functions in Excel Financial Functions in Excel Tutorial Free Online Microsoft Excel 2010 Tutorialįormulas and Functions in Excel * Overview of the PMT Function ExcelĬalculate Monthly Payments Excel ~ PMT ExcelĬalculate Interest Rate in Excel ~ Rate ExcelĬalculate Number of Payments ~ NPER ExcelĬalculate Amount You Can Afford to Loan ~ PV Excelĭo you know how to use the most popular Financial Functions? PMT (payment for a loan), PV (present value of a loan), RATE (interest rate of a loan) and NPER (number of payments that have to be made to repay a loan).
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