In this tutorial, we want to find the monthly payment. Open Microsoft Excel. Use an existing table or create a table. In the cell opposite monthly payment, type =PMT then bracket. We will now enter ...

Excel has a number of advantages that its regular users often don't know about. Being a table processor, Microsoft Excel also provides several tools for economic and statistical calculations and even ...

So far, we saw how the RATE function in Microsoft Excel can be used to calculate the return on investments, how the FV function can be used to find out how much your investment will grow to in the ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Suzanne is a content marketer, writer, and fact-checker. She ...

The PMT function is an Excel Financial function that returns the periodic payment for an annuity. The formula for the PMT function is PMT(rate,nper,pv, [fv], [type]). The NPV function returns the net ...