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Learn how to work with loans and investments using financial functions like PMT, FV, NPER, PV, and RATE. Calculate monthly payments, future values, number of periods, present values, and interest rates efficiently.
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Working with Loans and Investments • =PMT(rate, nper, pv, [fv=0] [type=0]) • =FV(rate, nper, pmt, [pv=0] [type=0]) • =NPER(rate, pmt, pv, [fv=0] [type=0]) • =PV(rate, nper, pmt, [fv=0] [type=0]) • =RATE(nper, pmt, pv, [fv=0] [type=0]) • Rate= • NPER = • PV = • FV = • PMT =
Working with Loans and Investments • To calculate the of the monthly or quarterly required to , use the PMT function • To calculate the , use the FV function • To calculate the monthly or quarterly a loan or meet an investment goal, use the NPER function • To calculate the of a loan or investment, use the PV function • To calculate the of a loan or investment, use the RATE function