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how to use excel rate formula. RATE nper pmt pv fv type guess. Using the function PMT rateNPERPV PMT 17122125400 the result is a monthly payment of 26699 to pay the debt off in two years.
On the other hand if the second parameter is used ie IRR C 6. The formula for calculating your Payment per Period value relies on the following information in the following format. To understand the uses of the function let us consider an example.
Using the function PMT rateNPERPV PMT 17122125400 the result is a monthly payment of 26699 to pay the debt off in two years.
Using the function PMT rateNPERPV PMT 17122125400 the result is a monthly payment of 26699 to pay the debt off in two years. The formula for calculating your Payment per Period value relies on the following information in the following format. Of periods for the loan or an investment. To understand the uses of the function let us consider an example.