calculate equated monthly installment ?
Try
A1 - Loan amount.
A2 - Per annum interest rate (in %)
A3 - Tenure in months.
=PMT(A2/12,A3,-A1)
"D V Bidri" wrote:
How do we calculate equated monthly installment value for given int rate and
period for a capital available and reverse of the same. Thanks
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