This excel tutorial shows how to calculate the principal and interest payments of a loan. In this video you will learn how to calculate emi of a loan taken.
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You can calculate emi of your loan on calculator by watching this video to watch my other videos, kindly click following link 1. This video demonstrates how to calculate monthly loan repayments and time required amortize the half of principle $360,000 with an interest. This lesson explains how to use the installment loan formula solve problems.
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Pmt formula allows you to calculate the emi for a loan. An equated monthly installment (emi) is a fixed payment amount made by borrower to lender at specified date each calendar month.
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