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mathematical formula pmt function excel. The Excel PMT function is a financial function that returns the periodic payment for a loan. FV R1P1PMT R1N1PV1FV1T1PV1T1 - FV R1P1-1PMT R1N1PV1FV1T1PV1T1 where R1 is rate P1 is per N1 is nper PV1 is pv FV1 is fv and T1 is type.
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Double result doublePV rate MathPow1 - 1 doublerate -doubleterm. Which produces this. If the Nper value is 0 then it will throw a NUM error.
SO when I calculate this on excel for monthly Payments the formula goes like PMT6512 512 30000 -9000 459.
Double result doublePV rate MathPow1 - 1 doublerate -doubleterm. This is in a nutshell what the PMT function Excel is and how you can take advantage of it. Rate APR 475 making R47512 or 0047512 mortgage Pv 220000. The Excel PMT function is a financial function that returns the periodic payment for a loan.
