Thread: PMT function?
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rayteach rayteach is offline
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Default PMT function?

Excel XP. I want to modify the PMT function or find another function that
will allow me to see the results of a constant payment with a fixed interest
rate (what the PMT function does) but what the effect would be of adding an
additional $100.00 per month to the normal payment.
For example, over the period of a 5 year loan, how many fewer payments than
the 60 would the additional $100.00 per month achieve?
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ray