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  • IPMT Function

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    IPMT-Function

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    6 views1 page

    IPMT Function

    Uploaded by

    taralsoni

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    IPMT Function

    Amount of loan $ 50,000


    Rate of Interest 5%
    Monthly payment $ 94.50
    periods ( term in
    months) 60
    compounding
    periods per year 12

    Interest amount in
    period I $ 208.33

    This file is for educational purposes only. E&OE

    Corporate Finance Institute®


    https://corporatefinanceinstitute.com/

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