Having complete power over your papers at any moment is important to alleviate your everyday tasks and enhance your productivity. Achieve any goal with DocHub features for papers management and convenient PDF file editing. Gain access, adjust and save and integrate your workflows along with other secure cloud storage services.
DocHub provides you with lossless editing, the opportunity to work with any formatting, and securely eSign documents without the need of searching for a third-party eSignature software. Obtain the most of the file managing solutions in one place. Check out all DocHub features right now with the free of charge profile.
In this tutorial, the presenter demonstrates how to create an amortization table in Excel from scratch. Starting with a borrowed amount of $100,000, they define the loan duration as 30 years, resulting in 360 monthly periods. The interest rate is set at 13% annually, converted to a monthly rate by dividing by 12. The presenter uses the PMT function in Excel to calculate monthly payments, specifying the rate, number of periods, and present value. A negative sign is added before the present value to ensure that Excel returns a positive payment amount. The tutorial provides a step-by-step guide to setting up the calculation for monthly payments.