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.Which of the following has to be true while using PMT function in excel?
2.What does Type = 1 in the PMT function refer to?
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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