LOAN Payment (PMT) INSTALLMENT FORMULA IN MS EXCEL💥| FORMULAS 5 | MS EXCEL PART TEN | BE LIMITLESS ♾
LOAN Payment (PMT) INSTALLMENT FORMULA IN MS EXCEL💥 | MS EXCEL PART TEN | BE LIMITLESS ♾
Hello everyone
In this particular video you will get to know about a very interesting formula which you get in MS Excel and with the help of which you can calculate the payment installment of loan. But the condition is that the installment rate should be fixed for the complete time period. The formula is of PMT and PMT has no full form. Basically PMT Is just an abbreviation of payment.
PMT is not only used for calculating the loan installment. But it is also used to calculate the variable which is missing. If you have two variables available, you can calculate the third variable with the help of PMT formula.
This video is explained in our mother tongue #hindi.
After that the significant shortcut keys are also given at the end of the video so please see the video till end
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:With ANKITA KASHYAP
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