Can someone breakdown the PMT formula

osakagreg

New Member
Joined
Jun 3, 2004
Messages
38
I'm trying to transfer a worksheet to flash.

The worksheet uses =PMT(J20/12,J21*12,J19)

But flash doesn't use PMT. So I've been trying to better understand it, so that I could write the correct formula.

Can someone break this "DaVinci Code" for me? :-?
 

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No! when you are using an exact match, the VLOOKUP table can be in any order. Best-selling items at the top is actually the best.
try
=J19*((1+J20/12)^(J21*12)*(J20/12))/((1+J20/12)^(J21*12)-1)

I don't know what flash is, but this is relative basic financial function if Flash should have some sort of equivilent too I'd think.
 
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