Decreasing loan principle over a term

Excel Facts

Format cells as currency
Select range and press Ctrl+Shift+4 to format cells as currency. (Shift 4 is the $ sign).
Hi Perhaps:-
Code:
[COLOR="RoyalBlue"][B]Row No [/B][/COLOR] [COLOR="RoyalBlue"][B]Column(A) [/B][/COLOR] [COLOR="RoyalBlue"][B]Column(B) [/B][/COLOR] [COLOR="RoyalBlue"][B]Column(C)          [/B][/COLOR]
1.      Principle  Rate 10%   7 Years as Mths    
2.      10000      0.1        84                 
3.      Rep/Mth    166.0118   =PMT(B2/12,C2,-A2)
Regards Mick
 
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