Using PMT

Asking Price Interest Time Monthly Payments Loan amount

4000 0.04 3 $118.10 $3,500.00

Goal Seek
Asking Price Interest Time Monthly Payments Loan amount
2370.95364951 0.04 3 ($70.00) 3500

G
4000

Loan amount
Loan amount

Monthly Payments
Monthly Payments

Using PMT

Time Time

Interest Interest

0 500 1000 1500 2000 2500 3000 3500 4000 -500 0 500 1000
 Goal seek

Loan amount

hly Payments

Time

Interest

-500 0 500 1000 1500 2000 2500 3000 3500 4000

Month amount
1 70
2 140
3 210 70*3
4 280
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