Thread: loan payment
View Single Post
  #1   Report Post  
Posted to microsoft.public.excel.worksheet.functions
vieira
 
Posts: n/a
Default loan payment


Good afternoon:

I am fairly new on using excel I am trying to format a PMT
FUCTION for a mortage payment. The interest rate is 7% years of loan
life is 5 and loan amount is $10,000. How would I go about formation
this function to get a loan payment amount.


Thank You
Ana


--
vieira
------------------------------------------------------------------------
vieira's Profile: http://www.excelforum.com/member.php...o&userid=33545
View this thread: http://www.excelforum.com/showthread...hreadid=533304