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training microsoft excel - PMT
Resolved · Low Priority · Version Standard
Gary has attended:
Excel Advanced course
PMT
When using the PMT function to calculate a periodic payment, if the interest rate column is already formatted by % do you need to add the % to the calculate formulae.
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RE: PMT
Hi Gary
Thanks for your question.
If the interest rate is entered into a cell with the % sign (e.g. 5.5%) then you do not need to manually type in the % sign when you are inputting the formula.
Amanda
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