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Monday, April 13, 2015

PMT function and Amortization Schedules




In this example, we are going to walk through how to do a PMT function and then create an amortization schedule to make sure that the we did the PMT function correctly. The PMT function is used by everyone - personally and professionally.  For example. if you want to figure out what your car payment or your mortgage payment is going to be - you use PMT.

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