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IPMT & PPMT Formulas in MS Excel 2007 Tutorials in Hindi Part 22 Video Lecture | MS Excel 2007 from Beginner to Advanced (in Hindi/Urdu) - Software Development
FAQs on IPMT & PPMT Formulas in MS Excel 2007 Tutorials in Hindi Part 22 Video Lecture - MS Excel 2007 from Beginner to Advanced (in Hindi/Urdu) - Software Development
| 1. What is the IPMT formula in MS Excel 2007? |  |
Ans. The IPMT formula in MS Excel 2007 is used to calculate the interest payment on a loan for a specific period. It takes into account the loan amount, interest rate, and the number of periods.
| 2. How does the PPMT formula work in MS Excel 2007? | |
Ans. The PPMT formula in MS Excel 2007 is used to calculate the principal payment on a loan for a specific period. It considers the loan amount, interest rate, and the number of periods.
| 3. How can I use the IPMT formula to calculate interest payment in MS Excel 2007? | |
Ans. To use the IPMT formula in MS Excel 2007, you need to provide the loan amount, interest rate, number of periods, and the period for which you want to calculate the interest payment. The formula will then return the interest payment for that specific period.
| 4. Can I use the PPMT formula to calculate the principal payment for a mortgage in MS Excel 2007? | |
Ans. Yes, you can use the PPMT formula in MS Excel 2007 to calculate the principal payment for a mortgage. By providing the loan amount, interest rate, number of periods, and the period for which you want to calculate the principal payment, the formula will give you the desired result.
| 5. Are the IPMT and PPMT formulas exclusive to MS Excel 2007? | |
Ans. No, the IPMT and PPMT formulas are not exclusive to MS Excel 2007. They are also available in other versions of MS Excel, including the latest ones. These formulas are widely used in financial calculations and are a standard feature in spreadsheet software.
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