‘Excel’ling. Understanding MS Excel functions: PMT The ‘payment’ function can be used to find out how much to invest on a regular basis to accumulate a desired corpus ...

Discover 7 powerful Excel functions that will revolutionize your workflow, automate tasks, and save you hours of time. From ...

Excel will calculate the PMT. The value will have a negative sign before it to indicate cash outflow. Step 4: In this example, the function will return a value of 11365.44.

Annuity, bond, mortgage and other complex financial calculations can be mathematically challenging, so Microsoft included 53 related functions in Excel. The PMT () function, for example ...