product_status

plug in a different term length (number of monthly payment periods). In cell D2, the PMT function plugs in the interest rate 3.75%/12, 360 months, and a $225,000 loan, and calculates a $1,042.01 monthly payment.

Use a two-variable test to see how different values of two variables in a formula will change the results. For example, you can test different combinations of interest rates and number of monthly payment periods to calculate a mortgage payment.

In this live workbook, cell C3 contains the payment formula, =PMT($B$3/12,$B$2,B4), which uses two variable cells, B2 and B3. In cell C2, the PMT function plugs in the interest rate 3.875%/12, 360 months, and a $225,000 loan, and calculates a $1,058.03 monthly payment.

Dessert (100g serving)CaloriesFat (g)Carbs (g)Protein (g)Frozen yoghurt1596244Ice cream sandwich2379374.3Eclair26216246Cupcake3053.7674.3Gingerbread35616493.9