The PMT function in Excel is a powerful and versatile tool for calculating loan repayments and creating comprehensive amortization schedules. This function is essential for anyone dealing with ...

The PMT function is designed to calculate the periodic payment for a loan (assuming constant payments and interest rates). It ...

The PMT function in Excel is a financial function used to calculates the payment of a loan based on payments and interest rates. The formula for the PMT function is PMT(rate,nper,pv,[fv], [type]).

You can't have too many Excel tips. These cover some handy shortcuts, and useful functions for calculation payments or generating random numbers.