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ISPMT: Calculating the interest paid during a specific period

ISPMT: Calculating the interest paid during a specific period: Excel 2016: Financial Functions in Depth
ISPMT: Calculating the interest paid during a specific period: Excel 2016: Financial Functions in Depth

When you take out a loan, you or your accountant might need to know how much interest you paid for a given period. If you borrow $250,000 for some facility upgrades, you might be able to write off some or all of the interest paid for a given month, quarter, or year. You can discover how much interest you paid on a loan by using the ISPMT function.

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Skill Level Intermediate
2h 38m
Duration
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Skills covered in this course
Business Spreadsheets Excel

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