Entering the PMT() formula

In this example, you will need to enter the required inputs, including the PMT() function. You will need to make sure

This loan is as follows:

Loan balance is $10,000.
Interest is 6%, payable monthly.
Loan amortizes for 1 year.
No optional parameters are required.

Remember to include a negative before the PMT() formula, as a negative value will be treated as a negative payment!

Use absolute (dollar sign) referencing in the PMT() formula.

本練習屬於課程

在 Google Sheets 進行貸款攤還

練習說明

In cell E6, enter the loan balance.
In cell E1, enter the effective interest rate; the annual interest rate divided by the number of annual periods.
In cell E2, enter the number of amortization periods on the loan.
In cell E3, enter the correct PMT() formula, referring to the cells with the interest rate, balance, and number of periods.

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