Sub loanPayment() Dim dblRate As Double Dim intTerm As Integer Dim dblPrincipal As Double Dim dblPayment As Double Dim strFormat As String dblRate = 0.075 intTerm = 5 dblPrincipal = 75000 strFormat = "$###.##" dblPayment = Pmt(dblRate / 12, intTerm * 12, -dblPrincipal) msgBox "The monthly payment is: " & Format(dblPayment, strFormat) End Sub