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Will
 
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Default PMT 30/365 vs 30/360

This is a problem that is already on the board, but is from a few months ago
so I wanted to see if anyone has figured it out. The PMT function on Excel
uses a 30/365 basis, but some loans are calculated on a 30/360 basis. Does
anyone know how to use the PMT function on a 3/360 basis?
 
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