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 ...

Microsoft Excel is a powerful tool for personal and professional use. One of its advanced functions that can significantly aid in financial planning is the PMT function. PMT, or payment, is used to ...

So far, we saw how the RATE function in Microsoft Excel can be used to calculate the return on investments, how the FV function can be used to find out how much your investment will grow to in the ...