Can you change the PMT function tio calculate off of 365 days instead of 360?
N N Harkawat Mar 18, 2005 #2 PMT is NOT dependent on 365 or 360 days It solely dependent on your rate used. Just adjust the rate to suit your needs For instance if the rate is 10% for 365 days then for 360 days = 10.0000190241598%
PMT is NOT dependent on 365 or 360 days It solely dependent on your rate used. Just adjust the rate to suit your needs For instance if the rate is 10% for 365 days then for 360 days = 10.0000190241598%
