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real math behind PMT

  1. 12-10-2011, 01:30 AM #1
    coolkid78
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    real math behind PMT

    would anyone be able to tell me what the "real math" behind PMT using rate, nper, pv, fv is?
    thank you
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  2. 12-10-2011, 06:37 AM #2
    dilipandey
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    Re: real math behind PMT

    Hi coolkid78,

    I believe Microsoft has given decent description for this:-

    http://office.microsoft.com/en-us/ex...005209215.aspx


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    DILIPandey

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