different result with excel and calculator

  • Thread starter Thread starter mtf
  • Start date Start date
M

mtf

I'm calculating a loan payment and get different result from Excel &
calculator. Using PMT function for 350,000 at 6% - 30 years = $2,098.43

HP 17bII calc says $1,292.07 -- Who's right?
 
Hi mtf,

Since you've got Excel, it's pretty easy to prove which is correct (hint: the HP result isn't). I suspect you've entered a parameter
incorrectly into the HP calculator.
 
Hi mtf,

Since you've got Excel, it's pretty easy to prove which is correct (hint: the HP result isn't). I suspect you've entered a parameter
incorrectly into the HP calculator.
 
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