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PMT is PRE-menstrual tension, it lasts for 2 weeks before a period, and it also means POST-menstrual tension, which lasts for 2 weeks after a period.
PMT Function Tip Video Transcript: The PMT Function is used to calculate the payment required per period for loans based on constant payments at a constant interest rate. The periods themselves can be month, week or every two weeks. However, it must remain consistent with your payment period. The PMT Function: =PMT(rate, nper, pv, [fv], [type])