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IPMT

FinancialExcel 2007

The interest portion of a specific loan payment.

Syntax

IPMT(rate, per, nper, pv, [fv], [type])

Examples

=-IPMT(8%/12, 1, 240, 3000000)

interest in EMI #1

Related functions

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Syntax follows Microsoft’s documentation. Examples are written to be pasted into a cell and checked. Argument separators may be ; in your locale. The AI explainer runs on a free community model — verify anything important.