Unlock the power of Worksheet formulas to efficiently calculate monthly EMI payments. With a few simple equations, you can figure out your monthly outgoings with accuracy and ease. Discover the magic of tools like PMT, IPMT, and PPMT to streamline your financial management. From understanding payment schedules to visualizing your progress, Excel pr
Work out EMI in Excel: A Step-by-Step Guide
Want to swiftly calculate your monthly loan payments? Excel can guide you with that! Follow these straightforward instructions to compute your EMI in just a few clicks. Start with entering the loan amount, interest rate, and duration into separate cells. Then, use the PMT function to determine your EMI. The formula will look like this: =PMT(inter