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You might be able to use the PMT function. It returns the payment amount for a loan based on an interest rate and a constant payment schedule. You can try different numbers of payments to see what different monthly payments are required.
Syntax: PMT(interest_rate,number_payments,PV,FV,Type)
interest_rate = interest rate
number_payments = number of payments
PV = present value (or principal)
FV (optional) = future value (if omitted, the assumed value is 0)
Type (optional) = indicates when the payments are due
0 = payments due at end of period (default or if not included)
1 = payments due at beginning of period
What else can I help you with?
Is it beneficial to calculate a mortgage payment for the future?
It is always beneficial to calculate a mortgage payment for the future. Being aware of financial obligations, especially one as large a a mortgage payment, whether in the present or future, is a good step toward financial security.
What variables are used in solving a time value of money problems without a periodic payment?
Present Value (PV)Future Value (FV) Number of periods (n) Interest Rate (i) Payment Amount (PMT)
How do you calculate the benefits of payment terms?
The benefit of payment terms are considered cash flows. A price increase can offset the cost of having an account opened for extended periods of time.
Does the present value of money increase as the number of years before the payment is received increases?
No, it should decrease, assuming the interest rate is the same.
increase tax witholding ?
increase tax payment
Where can I calculate a car payment online?
You can visit pnc.com for your help on calculate a car payment. I hope this helps you find the right car and the right car payment for you. They have the tools to help you.
Are there websites that can calculate car loan payments?
There are websites that calculate your car loan payments. Most dealership websites have a payment calculater on there site that will allow you to enter your down payment amount and will calculate your payment after taking everything into play.
Why would my house payment increase?
Your house payment may increase due to factors such as an increase in property taxes, insurance premiums, or an adjustment in your mortgage interest rate.
Is it possible for my escrow payment to increase?
Yes, it is possible for your escrow payment to increase if there are changes in your property taxes or homeowners insurance premiums.
Why would Accounts payable increase?
payment to account payble has increase
How does an escrow increase affect my mortgage payment?
An escrow increase can affect your mortgage payment by causing it to go up. This is because an escrow account is used to pay for property taxes and homeowners insurance, and if these costs increase, your monthly payment will also increase to cover the higher expenses.
Is the payment mortgage on the first of the month covers for that month?
The payment due for the 1st is for present month.
