Excel Finance Trick #3: PMT function Lender or Borrower
Saturday, December 19th, 2009See how to use the PMT function for the Lender or Borrower. Cash Flows matters in Finance and so using the PMT function is very different for the Lender and Borrower. In ThisSeries learn 17 amazing Finance Tricks. Learn about the PMT, PV, FV, NPER, RATE, SLN, DB, EFFECT, NOMINAL, NPV, XNPV, and the CUMIPMT functions that can make your financing tasks much easier in Excel. See how to use the PMT function in the standard way, but also see how to use it while incorporating a Balloon payment or …