...re lease payments in advance? The function you are looking for is =FV(rate,nper,pmt,pv,type) It calculates future value of payments. Let me know if you have further questions.
...does one use to calculate emi on excel The function in Excel for calculating EMI is not EMI but PMT. It requires minimum three arguments. They are 1. Rate of interest (Rate), 2. Number of periods
how to calculate considering equated monthly installment? Try "PMT" formula in Microsoft Excel.
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