How to calculate monthly EMI Payments using Excel Tutorial

How to calculate monthly EMI Payments using Excel Tutorial

In this video, we will show you how to easily calculate monthly EMI (Equated Monthly Installment) payments for loans using Excel. Learn step-by-step how to use the PMT formula in Excel to find the monthly payments on loans with different interest rates, loan amounts, and time periods. 💸📈

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Whether you're calculating EMIs for a personal loan, home loan, or car loan, this tutorial will help you understand how to use Excel to make accurate calculations with minimal effort. 🏡🚗

What you will learn:
✅ How to use the PMT formula in Excel 💻
✅ Step-by-step guide to calculating monthly EMI payments 📅
✅ Understanding the key components of the EMI formula: loan amount, interest rate, and loan tenure 🔢
✅ How to apply the PMT function in real-world loan calculations 🏦

Who should watch:
Beginners looking to improve their Excel skills 👩‍💻👨‍💻
People who need to calculate EMIs for various types of loans 🏠💳
Anyone interested in using Excel to manage their finances more effectively 💼💰

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