Calculating your monthly Equated Monthly Installment (EMI) can be a breeze website with the power of Excel. A handy formula lets you ascertain this crucial figure, conserving you time and strain. First, you'll need to input the loan amount, interest rate, and loan term into separate cells. Next, use the PMT function, which stands for "Payment," i
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Work out EMI in Excel: A Step-by-Step Guide
Want to swiftly figure out your monthly loan payments? Excel can guide you with that! Follow these straightforward phases to discover your EMI in just a few clicks. First entering the loan amount, interest rate, and loan term into separate cells. Then, use the PMT function to find your EMI. The formula will look like this: =PMT(interest_rate, num