Pmt Excel Formula

Excel Formulas > Financial Functions > PMT

Npv | Pmt | Ppmt

What is the use of Pmt formula?

Tells you how much you should pay on your mortage (every month ..)

Syntax of Pmt formula:
pmt(at this rate, this many payments, for this much amount)

Examples of Excel Pmt formula:
pmt(10%,12,-100000) = 14676.33

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More Financial Functions : Fv | Ipmt | Npv | Pmt | Ppmt

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