PMT()

Description

Calculates the periodic payment for an annuity investment based on constant-amount periodic payments and a constant interest rate.

How To Use in Sheets

PMT(rate, number_of_periods, present_value, [future_value], [end_or_beginning])

External Links

Make an Amortization Table in Google Sheets

This video shows how to construct an amortization table in Google Sheets using fills and the PMT function.

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