Calculate Payments in Excel - 5 Examples of the PMT Function
Payment (PMT) in time value of money calculations is a stream of equal payments. These payments are also called an annuity. It could be a payment (-) or a receipt (+) of cash. The payment (PMT) function in Excel calculates the interest payment for a loan. This video shows five examples calculating payments or annuities using Excel. This video also shows how to create an Excel template for any payment problem.
Time Value of Money or Financial Functions in Excel
Solving for Annuity or Payment using the PMT Excel Function
1. PMT on a car loan
2. PMT on a home loan
3. PMT on a credit card
4. PMT needed to be a millionaire
5. PMT needed for portfolio withdrawals (retiree problem)
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MENTIONED IN THIS VIDEO
📺 Top 5 Financial Functions in Excel - FV, PV, PMT, RATE, and NPER Functions
• Top 5 Financial Functions in Excel
📺 Time Value of Money Using Excel
• Master TIME VALUE of Money in EXCEL with T...
📺 Calculate Future Value (FV) in Excel: Examples and Excel FV Template
• How to Find Future Value in Excel Fast!
📺 Calculate Present Value (PV) in Excel: Examples and Excel PV Template
• How to Find Present Value in Excel Fast!
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Chapters:
00:00 Time Value of Money
01:30 1 Payment on car loan
05:45 2 Payment on a home loan
08:10 3 Payment on a credit card
11:27 4 Payment to save a million dollars
13:00 5 Payment needed for portfolio withdrawals (retiree problem)
15:04 PMT Template
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04/15/2021 Subscribers: 381
• Calculate Payments in Excel - 5 Examples o...