• PMT : payment made in a particular period
• PPMT: used to find out the principal amount
within an instalment of loan
• IPMT: used to find out interest amount within
an instalment of a loan
• PV: present value , it is the initial amount of
loan being taken or amount borrowed
• FV : future value of an investment
• RATE :the interest rate per period
• NPER : total number of payments periods
• PER : particular period
• FV : payment made each period
• TYPE : indicates when payment are due either
0 or 1
• PMT : payment made in a particular period
1
• In keyboard press WinWord + R
• Enter excel
• Press enter
2
• In excel
• Enter bike price in A1 & B1
• Enter down payment in A2 & B2
3
• Enter loan amt
• In B3 enter a formula (=bike price B1- down payment B2)
• Press enter
7
• In RATE select ROI / 12
• In NPER select YEAR *12
• In PV select loan amount (for positive result before pv enter - )
8
• In A7 enter principal
• In B7 enter formula =PPMT()
• Press ctrl+A (FUNCTION ARGUMENTS)
• In RATE select ROI /12
• In PER enter 1
• In NPER select YEAR *12
• In PV select LOAN AMOUNT (in negative)
9
• In A8 enter interest
• In B8 enter formula =IPMT()
• Press ctrl+A (function argument)
• In RATE select ROI /12
• In PER enter 1
• In NPER select YEAR *12
• In PV select LOAN AMOUNT (in negative to get positive result )
10
• In A9 enter FUTURE AMOUNT
• In B9 enter formula =FV()
• Press ctrl+A (function argument )
• In RATE select ROI /12
• In NPER selcet YEAR *12
• Int PMT select EMI value (cell) (in negetive)