Unlock the power of Excel formulas to efficiently calculate recurring EMI payments. With a few simple calculations, you can calculate your monthly payments with accuracy and ease. Discover the magic of features like PMT, IPMT, and PPMT to streamline your financial planning. From understanding loan terms to charting your progress, Excel provides a r

Want to quickly determine your monthly loan payments? Excel can guide you with that! Follow these straightforward steps to discover your EMI in just a few clicks. First entering the loan amount, interest rate, and loan term into separate cells. Then, use the PMT function to calculate your EMI. The formula will look like this: =PMT(interest_rate,