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Tag: ISPMT function

ISPMT function: Description, Usage, Syntax, Examples and Explanation

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What is ISPMT function in Excel? ISPMT function is one of the Financial functions in Microsoft Excel that calculates the interest paid (or received) for the specified period of a loan (or investment) with even principal payments. Syntax of ISPMT function ISPMT(rate, per, nper, pv) The ISPMT function syntax has the following arguments: Argument Description Rate …

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