The PMT (payment) function in Microsoft Excel. Dr. Sachs, a professor at Los Angeles Valley College (LAVC), explains what it is and how to use it in this instructional video. The function is used to compute the periodic (example: monthly) payments for a loan such as an auto loan or a home loan. This video is primarily for use by my LAVC EXCEL students in the Computer Applications Office Technology department (class: CAOT 85).
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