PPMT practice
PPMT returns the principal part of one loan payment. Below are the 1 financial modeling exercise on Modeldrill that use it, each checked instantly in your browser.
Syntax
PPMT(rate, period, number_of_periods, present_value, [future_value], [end_or_beginning])
What people get wrong
Principal grows every period as interest shrinks; the two always add up to PMT.
financial modeling exercise that use PPMT
- Split payments with IPMT and PPMTLevel 3Pro
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