How to Use Excel PMT Function | Calculate Monthly Loan Payment Amount
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How to Use Excel PMT Function | Calculate Monthly Loan Payment Amount
In this video, we will cover how you can use the PMT function in Excel. The PMT function helps you calculate the payments that you, as the borrower, would have to make against a loan. Let’s say you’re getting financing for Two Hundred Thousand dollars with an annual rate of Five Percent, no down payment and tenure of Twenty years. At the ...
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