You must know Excel formula to calculate loan EMI | PMT,PPMT,IPMT Formulas in Excel

You must know Excel formula to calculate loan EMI | PMT,PPMT,IPMT Formulas in Excel
In this video, you will learn about how to calculate Emi using Excel financial functions(PMT,PPMT,IPMT). So watch video till the end & share with your friends & family.
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Can u create a excel sheet for this case:-
I have a loan of ₹6Lac and earning salary ₹15k with every year of increment ₹3k and from that deduction for month ₹6k and the rest is used for clearing loan payment then how many years it took to clear the loan????
(Note:-
1). time period is not fixed
2). Need to add increment every year then how to create excel sheet in this case?)
Please reply😢

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1. Anita purchased a new sound system that was selling at Rs. 2,94,000. She agreed to make a down payment of Rs. 70,000 and to pay the remaining amount in 24 months with an interest of 17%p.a. compounded monthly. Find EMI. Also prepare loan amortization table.

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If every month emi amount is changed like 1. 11500. 2. 11480

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