Using of Excel PMT Function 😮😮👈 ॥
Excel Financial Function PMT Explained - How To Calculate EMI Using PMT Function in Excel. In This Video You Will Learn About PMT Function. PMT Formula allows you to calculate the EMI for a loan and other pament way. The PMT or Payment function is part of the family of financial functions in Excel. It is useful for calculating a steady stream of payments required to bring any loan balance to zero over a specific period of time. More simply, PMT is a loan payment calculator, and is well suited in Excel to explore different scenarios.
The PMT Function can also be used to evaluate leases, where effectively the loan does not have a 0 balance at the end of its life.
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