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It is the Principal Payment function. It returns the payment on the principal for a given period for an investment based on periodic, constant payments and a constant interest rate.
PPMT( rate, per, nper, pv, fv, type )
Rate is the interest rate per period.
Per specifies the period and must be in the range 1 to nper.
Nper is the total number of payment periods in an annuity.
Pv is the present value- the total amount that a series of future payments is worth now.
Fv is the future value, or a cash balance you want to attain after the last payment is made. If fv is omitted, it is assumed to be 0 (zero), that is, the future value of a loan is 0.
Type is the number 0 or 1 and indicates when payments are due.
What else can I help you with?
Which Excel function calculates the principal portion of a loan payment?
The PPMT function.
What is the difference between the PMT and PPMT functions in Excel?
The PPMT function returns the amt. of interest in a specified instalment number whereas the PMT function returns the amt. of interest in every EMI payment.
When ppmt forms available?
yes ppmt test avilable
What is the full form of PFA in Excel sheet?
Pfa the excel sheet
What is the fullform of excel?
executable cell
How do you find a payment using Excel?
It depends on the kind of payment. There are a number of functions to check out. PMT, PPMT, IPMT and ISPMT. They are used for different kinds of payment.
What is the full form of XL SM?
Excel Open XML Macro-Enabled Spreadsheet.
What is full form of excel?
The full form of "Excel" is not an acronym; it is derived from the Latin word "excellere," which means "to rise" or "to elevate." Microsoft Excel is a spreadsheet program used for data organization, analysis, and visualization. Its name reflects the software's purpose of helping users achieve high performance in data management and calculations.
What Are the Intersecting structures of an Excel worksheet called?
Rows and columns intersect to form cells on an Excel worksheet.Rows and columns intersect to form cells on an Excel worksheet.Rows and columns intersect to form cells on an Excel worksheet.Rows and columns intersect to form cells on an Excel worksheet.Rows and columns intersect to form cells on an Excel worksheet.Rows and columns intersect to form cells on an Excel worksheet.Rows and columns intersect to form cells on an Excel worksheet.Rows and columns intersect to form cells on an Excel worksheet.Rows and columns intersect to form cells on an Excel worksheet.Rows and columns intersect to form cells on an Excel worksheet.Rows and columns intersect to form cells on an Excel worksheet.
What function do you use in Excel 2010 for an amortization table?
PMT would be the most common function used, but depending on exactly what you are trying to do, you could use others like the IPMT for interest payment and the PPMT for the principal payment.PMT would be the most common function used, but depending on exactly what you are trying to do, you could use others like the IPMT for interest payment and the PPMT for the principal payment.PMT would be the most common function used, but depending on exactly what you are trying to do, you could use others like the IPMT for interest payment and the PPMT for the principal payment.PMT would be the most common function used, but depending on exactly what you are trying to do, you could use others like the IPMT for interest payment and the PPMT for the principal payment.PMT would be the most common function used, but depending on exactly what you are trying to do, you could use others like the IPMT for interest payment and the PPMT for the principal payment.PMT would be the most common function used, but depending on exactly what you are trying to do, you could use others like the IPMT for interest payment and the PPMT for the principal payment.PMT would be the most common function used, but depending on exactly what you are trying to do, you could use others like the IPMT for interest payment and the PPMT for the principal payment.PMT would be the most common function used, but depending on exactly what you are trying to do, you could use others like the IPMT for interest payment and the PPMT for the principal payment.PMT would be the most common function used, but depending on exactly what you are trying to do, you could use others like the IPMT for interest payment and the PPMT for the principal payment.PMT would be the most common function used, but depending on exactly what you are trying to do, you could use others like the IPMT for interest payment and the PPMT for the principal payment.PMT would be the most common function used, but depending on exactly what you are trying to do, you could use others like the IPMT for interest payment and the PPMT for the principal payment.
What is the Abstract form of excel?
Excel-≥ excelling
What is full color in Microsoft Excel?
blue
