Learn how to use the powerful Excel PMT Function to help you manage your loan payments and easily calculate detailed loan repayment schedules ...

Formulas are powerful tools for performing calculations and analyzing data in Excel. In this beginner’s guide, you’ll learn how to use formulas and explore some popular built-in functions.

Using the FV function as illustrated in cell B12 of the screenshot “Using the FV and FVSCHEDULE Functions,” the formula =FV (0.06,8,0,-500000) is used to calculate that the client’s IRA would grow to ...

Unfortunately, if you're using Excel 2019 or earlier, you won't be able to create your own functions using the methods described in this guide.