Excel PMT function in Java
<p>I want to implement PMT function (from Excel) in Java. The formula of the PMT function is:</p>

<pre><code>(D7*D9/12)/(1-(1+D9/12)^(-(D11/12)*12))
</code></pre>

<p>where:</p>

<ul>
<li>D7 = Finance Amount</li>
<li>D9 = Rate</li>
<li>D11 = Term</li>
</ul>

<p>For example</p>

<pre><code>D7 = $1,00,000,
D9 = 10%,
D11 = 36
</code></pre>

<p>Here the output of PMT function i.e. monthly payment will be <code>$3,226.72</code></p>

<p>Please anyone help me to calculate this function value in Java.</p>
