The PMT function in Excel is a financial function used to calculates the payment of a loan based on payments and interest rates. The formula for the PMT function is PMT (rate,nper,pv, [fv], [type]).

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.

How to turn complex formulas into easy-to-use custom functions using LAMBDA() in Excel Your email has been sent LAMBDA functions are new to Microsoft Excel. With LAMBDA functions, you can turn a ...

Learn how to use the powerful Excel PMT Function to help you manage your loan payments and easily calculate detailed loan repayment schedules ...