Time value of money series - systematic investments with pmt function of excel
time value of money series
Level - BASIC
Learn how Excel can be used to estimate the amount of systematic savings needed to achieve a future financial goal.
AUTHOR(S): Taruna Changulani
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Time Value of Money Series - Systematic Investments with PMT function of Excel
1.What does Type = 1 in the PMT function refer to?
2.Which of the following has to be true while using PMT function in excel?
3.If the PMT function is to be used to calculate the monthly investment needed to reach a goal value, then which of the following is true?
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