The PMT function in Excel is a financial function used to calculates the payment of a loan based on payments and interest rates. The formula for the PMT function is PMT(rate,nper,pv,[fv], [type]).

Start by creating a sequence of payment numbers using Excel’s SEQUENCE function. For instance, the formula =SEQUENCE(360) will generate a series of numbers from 1 to 360, representing each ...

Find out how to perform financial analysis through Microsoft Excel, a widely used business management software among finance professionals and investors. Skip to content News ...