Hi,
Is there any standard formula to calculate equal payments (annuity amount) for 365 days a year. PMT assumes the periods are equal, but in a 365 days a year, the periods may be 30 or 31 depending on the month.
Thanks in advance
topten
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Hi,
Is there any standard formula to calculate equal payments (annuity amount) for 365 days a year. PMT assumes the periods are equal, but in a 365 days a year, the periods may be 30 or 31 depending on the month.
Thanks in advance
topten