Important Notice

The pages on this site contain documentation for very old MS-DOS software, purely for historical purposes. If you're looking for up-to-date documentation, particularly for programming, you should not rely on the information found here, as it will be woefully out of date.

  ◄Summary►  ◄Details►  ◄Example►                ◄Contents►  ◄Index►  ◄Back►
──────────────────────────────────────────────────────────────────────────────
          Financial Functions available in Professional Edition only
──────────────────────────────────────────────────────────────────────────────
 Returns the interest payment for a given period of an annuity based on
 periodic, constant payments and a constant interest rate. Requires
 FINANCE.QLB (FINANCE.LIB when compiling); include FINANCE.BI.
 
    IPmt# (rate#, per#, nper#, pv#, fv#, type%, status%)
 
    ■ rate#      Interest rate per period (for example, .12)
 
    ■ per#       Payment period; must be in the range from 1 to nper#
 
    ■ 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 indicates calculation success or failure:
                 0 = success
                 1 = failure
 
 See Also
    ◄Financial Function Summary►   ◄$INCLUDE Metacommand►   ◄Quick Libraries►