But what if I told you there’s a straightforward way to handle this using Excel’s PMT function? In this guide, we’ll explore how to use this powerful tool to simplify your financial ...

Present value can be calculated relatively quickly using Microsoft Excel ... PV can be calculated in Excel with the formula =PV(rate, nper, pmt, [fv], [type]). If FV is omitted, PMT must be ...

The formula for the PMT function is PMT(rate,nper,pv,[fv], [type]). In this tutorial, we want to find the monthly payment. Open Microsoft Excel. Use an existing table or create a table.