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Peo Sjoblom Peo Sjoblom is offline
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Default Question on Payment function.

What kind of MOS are you taking? There are hardly any formulas in the
specialist MOS exam (I took one in 2004)
Btw, why would you convert it to a positive since PMT stands for payments
and from a cash flow it is negative
so if there was such a question the negative value would be correct?


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Regards,

Peo Sjoblom

Excel 95 - Excel 2007
Northwest Excel Solutions
www.nwexcelsolutions.com



"Don" wrote in message
oups.com...
When using the payment function in Excel, I notice that the result of
my formula is always a negative number. I have seen two different ways
to crrect this:
One is to put a (-) in the Pv (Present Value) field, before clicking
on the cell that holds the present value.
The other is to put a (-) in front of the equation, like this: = -
PMT(A2/12,A3,A1).
They both give me the desired result. But I was wondering which one is
considered the "proper" way to do it? I am considering taking a MOS
test in Excel (down the road) and I can't find any "official" (ie
Microsoft) documentation that lays this out.

If anyone could give me a reference, or your best idea on how this
would be done, I would appreciate it.
Thanks for taking the time...
Don