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what is pmt function in excel

discribe about pmt

  • Rajeev
  • 1701 Views
  • 3 Answers
3 Answers
  • to calculate EMI


  • It is Basically use for Find the EMI.


  • To calculate a loan payment in Excel, you can use the PMT function. The PMT function calculates the payment for a loan that has constant payments and a constant interest rate. Enter an interest rate, the number of payments, and the loan amount on the worksheet. Then, refer to those cells in the PMT formula


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