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mathematical formula for pmt function. See the PV function help page for the mathematical formula that can be used to derive FV and PMT. You will see that using formula in.
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The PMT function below calculates the monthly payment. Cell B12 PPMTB1B2B3B4B2B5B6B7 PPMT00712243012165 00000 or Cell B13 B9-B11. 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.
This will give you the value of your amortization payments which you can drag down the rows to autofill.
See the PV function help page for the mathematical formula that can be used to derive FV and PMT. LOG pmt1rate - fvrate pvrate pmt1rate LOG1rate Note that B4 fv is typically zero which leads to further simplication. This will give you the value of your amortization payments which you can drag down the rows to autofill. The PMT function is available in Excel for Office 365 Excel 2019 Excel 2016 Excel 2013 Excel 2010 and Excel 2007.
