Ever found yourself puzzled by how to calculate your monthly loan repayments accurately? You’re not alone. Many people struggle with understanding the intricacies of loan amortization. But what if I ...

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 ...

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 ...

Microsoft's Excel program, widely used in business, comes with many built-in functions that perform mathematical and logical operations on spreadsheet data. In Excel, functions are simple formulas you ...

Too many financial decisions are made without factoring in the time value of money. Whether providing financial planning advice related to a client’s retirement, advising a client about a business ...

Microsoft Excel 2010 can be a huge help for a business when it comes to crunching the businesses numbers. Excel has a number of financial functions revolving around the periodic interest rate, which ...

While I'll always argue that SUM is my favorite and most-used Excel formula, there are plenty of other powerful functions included in the software. These features go far past using Excel as a digital ...

Formulas are powerful tools for performing calculations and analyzing data in Excel. In this beginner’s guide, you’ll learn how to use formulas and explore some popular built-in functions. One of the ...

Managing personal finances effectively requires a combination of precision, foresight, and smart planning. Microsoft Excel offers a robust suite of tools, particularly under its “What-If Analysis” ...