different result with excel and calculator
 

I'm calculating a loan payment and get different result from Excel &
calculator. Using PMT function for 350,000 at 6% - 30 years = $2,098.43

HP 17bII calc says $1,292.07 -- Who's right?

different result with excel and calculator
 

Hi mtf,

Since you've got Excel, it's pretty easy to prove which is correct (hint: the HP result isn't). I suspect you've entered a parameter
incorrectly into the HP calculator.

--
Cheers
macropod
[Microsoft MVP - Word]


"mtf" wrote in message ...
I'm calculating a loan payment and get different result from Excel &
calculator. Using PMT function for 350,000 at 6% - 30 years = $2,098.43

HP 17bII calc says $1,292.07 -- Who's right?