The PMT function in Excel is a financial function used to calculate a loan's payment based on payments and interest rates. Learn How to use it.

Discover 7 powerful Excel functions that will revolutionize your workflow, automate tasks, and save you hours of time. From ...

The PMT function is designed to calculate the periodic payment for a loan (assuming constant payments and interest rates). It's a fundamental tool for financial calculations in Excel.

You can't have too many Excel tips. These cover some handy shortcuts, and useful functions for calculation payments or generating random numbers.