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PPMT Function

  1. #1
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    PPMT Function

    Hi Guys,

    How do I use the PPMT function to return the princple from payments 1-12 combined?

    Formula: copy to clipboard
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    is working fine for the first payment, but I want it to return payments 1 - 12. If I use
    Formula: copy to clipboard
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    it works fine, but thought there would be an easier way.

    I'm trying to work out how much principle I have each year, rather than monthly basis.

    Thanks in advance.

  2. #2
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    Re: PPMT Function

    perhaps CUMPRINC function? (not a finance man!)

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