Pmt# Function
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Financial Functions available in Professional Edition only
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Returns payment for an investment based on periodic, constant payments and
a constant interest rate. Requires FINANCE.QLB (FINANCE.LIB when compiling);
include FINANCE.BI.
Pmt# (rate#, nper#, pv#, fv#, type%, status%)
■ rate# Interest rate per period (for example, .12)
■ nper# Number of payment periods in the annuity
■ pv# Present value
■ fv# Future value
■ type% Integer expression:
0 = end-of-period payment
1 = beginning-of-period payment
■ status% Variable that returns a value indicating calculation
failure or success:
0 = success
1 = failure
See Also
◄Financial Function Summary► ◄$INCLUDE Metacommand► ◄Quick Libraries►