Amortization tables or debt repayment tables are essential tools that show the complete breakdown of payments until a debt is paid off.
📊 In this video, I explain step-by-step how to create an AMORTIZATION TABLE with a FIXED MONTHLY PAYMENT in EXCEL 2016 using the PMT function.
💡 You will learn how to:
✅ Calculate loan payments in Excel.
✅ Create an amortization table in Excel with fixed installments.
✅ Use the PMT function to calculate interest and principal payments.
🔹 Applicable in Excel versions 2016, 2019, 2021, and 365.
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