R
rayteach
Excel XP. I want to modify the PMT function or find another function that
will allow me to see the results of a constant payment with a fixed interest
rate (what the PMT function does) but what the effect would be of adding an
additional $100.00 per month to the normal payment.
For example, over the period of a 5 year loan, how many fewer payments than
the 60 would the additional $100.00 per month achieve?
will allow me to see the results of a constant payment with a fixed interest
rate (what the PMT function does) but what the effect would be of adding an
additional $100.00 per month to the normal payment.
For example, over the period of a 5 year loan, how many fewer payments than
the 60 would the additional $100.00 per month achieve?