PMT Function --
Apr 11 2014 06:23 PM
Calculates the payment for a loan based on constant payments and a constant interest rate.
The arguments in the syntax are defined as follows --
Rate : is the interest rate for the loan.
Nper : is the total number of payments for the loan.
Pv : is the present, also known as the principal.
Fv : is the future value.
Type : is the number 0 or 1 and indicates when payments are due
[0 - At the end of the period
1 - At the beginning of the period]