Getting complete control over your documents at any moment is vital to relieve your daily tasks and enhance your productivity. Achieve any goal with DocHub tools for papers management and convenient PDF editing. Gain access, modify and save and integrate your workflows with other protected cloud storage services.
DocHub provides you with lossless editing, the possibility to work with any format, and safely eSign papers without the need of looking for a third-party eSignature software. Maximum benefit of your file managing solutions in one place. Consider all DocHub features right now with the free account.
In this tutorial from the "I Hate Math" group, the presenter demonstrates how to create an amortization table in Excel from scratch. The example uses a borrowed amount of $100,000 over 30 years, calculated monthly, resulting in 360 periods. The interest rate is set at 13%, divided by 12 for monthly calculations. The payment formula is introduced using the PMT function, where the rate, number of periods, and present value are input. A negative value is used for the present value to ensure the payment is shown as a positive amount. The tutorial guides viewers through these steps to build the amortization table effectively.