360 Day Amortization Schedule Excel

365/360 Loan Calculator – dinkytown.net – Use this calculator to create an amortization schedule for a loan that uses a 365/360 schedule.. Amortization 360 vs 365 Days – MrExcel Publishing – Re: Amortization 360 vs 365 Days Can someone help me figure out a mortgage payment formula in excel using the PMT function?

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 · The simple answer is that 360 days is used because of its simplicity. Folks didn’t have calculators back in the day. Much easier to use "round numbers," so "360 days in a year and 30 days in a month" became the convention of choice. There’s actually many different ways. 360 days is used because it’s far simpler.

Other Streams of Payments; Excel Workbooks; TI-83/84 Calculator; What's New. Finally, here's a question I hope you get to ask one day:. or creative accounting techniques such as the “rule of 78” or the 360/365 rule.

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