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hi in this video Im show you how to use the PMT function the ipmt function and the ppmt function so what these three different functions do is they show you a payment amount or they calculate a payment amount based on your period at least the ipmt does and the ppmt does what the PMT do function is it regardless of what period it um is it calculates the payment that you have to give up so in this particular Im what Im going to use is an example of a loan lets say that you decide to loan somebody some money or maybe youre a real estate investor and basically you have some property and someone wants to buy it from you and you decide to become like a bank and you are loaning them money to buy something uh maybe P piece of property and the term is going to be 5 years and the interest payment or the payment is going to be on a monthly basis and the payment is due at the end of the month and lets say for example you have a 3% annual interest that youre going to charge and the number of
