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pmt equation in excel. If your values are slightly different input them with the appropriate cell numbers. The PMT function is a built-in function in Excel that is categorized as a Financial Function.
Type - optional When payments. The reason you can put a minus sign in front of PMT is because PMT returns the amount to be deducted from the amount owed. Set up the lookup tables.
This will open the PMT Function Arguments dialog box.
The Microsoft Excel PMT function returns the payment amount for a loan based on an interest rate and a constant payment schedule. Live Result PMTA1212A1312 0A14. The PMT function is a built-in function in Excel that is categorized as a Financial Function. This will open the PMT Function Arguments dialog box.