DO YOUR OWN FINANCIAL EVALUATION WITH PMT EXCEL FUNCTION

If you are planning to borrow money and would like to evaluate how much payment is required from you every period, there’s an Excel function that can help you. This Excel function allows you to determine the installment amount.

The Excel Payment or PMT function is a financial function that calculates the periodic payment for a loan based on constant payments and a constant interest rate. You can use the PMT function to figure out payments for a loan, given the loan amount, number of periods to pay, and interest rate.

In this video, I will show you how to do it.

Title: Do Your Own Financial Evaluation with PMT Excel Function

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