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how do I include advance payments in the PMT function

  1. #1
    Razzle Dazzle
    Guest

    how do I include advance payments in the PMT function

    Looking for forumla to accept advance paymnets to calculate correct I%

  2. #2
    Gary L Brown
    Guest

    RE: how do I include advance payments in the PMT function

    Unless they are constant pre-payments that can be included in the formula, it
    is best to create an amortization table.
    HTH,
    --
    Gary Brown
    gary_brown@ge_NOSPAM.com
    If this post was helpful, please click the ''''Yes'''' button next to
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    "Razzle Dazzle" wrote:

    > Looking for forumla to accept advance paymnets to calculate correct I%


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