1 / 4

Microsoft Excel

Microsoft Excel. How to do a quick loan using PMT. How Microsoft Excel PMT function works. You may reference the annual interest rate, number of months of payments and amount of loan as individual numbers or references to amounts in cells.

quin-king
Download Presentation

Microsoft Excel

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Microsoft Excel How to do a quick loan using PMT

  2. How Microsoft Excel PMT function works You may reference the annual interest rate, number of months of payments and amount of loan as individual numbers or references to amounts in cells Note that the interest rate is entered as a percentage value (e.g. 8%) divided by the number of months in a year into the PMT formula. The number of months of payments are the total number. E.g. a 5 year loan is 60 Finally, the amount of loan is just entered as a number Example

More Related