Before you borrow money it's good to know how a loan works. Thanks to the Excel financial functions such as PMT, PPMT and IPMT, computing periodic payments for a loan is easy. In this tutorial, we will have a closer look at the PMT function. Continue reading
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Hi Karna,
The full form of PMT is described in this tutorial. The full forms of the other two functions can be found here:
Full form of PPMT formula
Full form of IPMT formula
Kindly let us know full form of PMT, PPMT, IPMT.
Please,
Thanks.