Professional Documents
Culture Documents
Annual Rate 5%
Number of Payments 48
Loan Amount 10,000.00
Payment
12
Number of Payments
24
36
48
60
72
Use the PMT function to calculate variable payment amounts depending on the number of payments
Data table with 2 variables
Annual Rate 5%
Term (Years) 4
Loan Amount 10,000.00
Annual Rate
2% 3% 4% 5% 6%
1
2
Term in years
3
4
5
6
Use the PMT function to calculate variable payment amounts depending on the number of payments and different in
f payments and different interest rates