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MS Excel Formulas

PPMT Function in Excel

The PPMT Function is categorized under Excel Financial functions.  The PPMT function in Excel is used to calculate the principal payment of an investment in a specific payment period based on a series of regular payments and a constant interest rate. The function syntax is: Syntax =PPMT( rate, per, nper, pv, [fv], [type] ) Arguments: Rate – This is …

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