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?

Time value of money series - systematic investments with pmt function of excel

time value of money series

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  • Level - 6,3,8,6 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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