Financial Functions in Excel: Difference between revisions
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=Interest Payment= | =Interest Payment= | ||
==PMT== | |||
* https://support.office.com/en-us/article/pmt-function-0214da64-9a63-4996-bc20-214433fa6441 | * https://support.office.com/en-us/article/pmt-function-0214da64-9a63-4996-bc20-214433fa6441 | ||
Calculates the payment for a loan based on constant payments and a constant interest rate. | |||
PMT(interest_rate, number_of_payments, principal, [future_value], [type]) | PMT(interest_rate, number_of_payments, principal, [future_value], [type]) | ||
* https://support.microsoft.com/en-us/office/pv-function-23879d31-0e02-4321-be01-da16e8168cbd | ==PV== | ||
* https://support.microsoft.com/en-us/office/pv-function-23879d31-0e02-4321-be01-da16e8168cbd | |||
Calculates the present value of a loan or an investment, based on a constant interest rate. You can use PV with either periodic, constant payments (such as a mortgage or other loan), or a future value that's your investment goal. | |||
Revision as of 04:30, 4 June 2020
Internal
Interest Payment
PMT
Calculates the payment for a loan based on constant payments and a constant interest rate.
PMT(interest_rate, number_of_payments, principal, [future_value], [type])
PV
Calculates the present value of a loan or an investment, based on a constant interest rate. You can use PV with either periodic, constant payments (such as a mortgage or other loan), or a future value that's your investment goal.