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4.
What Do You See? In the example on this
page, the payment on a $20,000 car would be $590.48 per month for 36
months.
What Else Do You See? A payment is a negative
number: that means money is taken away from your bank account.
Very well, that was a simple example of a financial
formula. Microsoft Excel has many formulas for calculating the value of
investments, Tbills, price, rate and yield.
Exam 77-888: Microsoft Excel Expert
2010
2. Applying Formulas and Functions
2.4. Apply functions in formulas:
FINANCIAL Functions PMT
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