pmt: Estimate period payment

In FinCal: Time Value of Money, Time Series Analysis and Computational Finance

Description

Estimate period payment

Usage

pmt(r, n, pv, fv, type = 0)

Arguments

r	discount rate, or the interest rate at which the amount will be compounded each period
n	number of periods
pv	present value
fv	future value
type	payments occur at the end of each period (type=0); payments occur at the beginning of each period (type=1)

See Also

pv

fv

n.period

Examples

pmt(0.08,10,-1000,10)

pmt(r=0.08,n=10,pv=-1000,fv=0)

pmt(0.08,10,-1000,10,1)

Example output

[1] 148.3392
[1] 149.0295
[1] 137.3511

FinCal documentation built on May 2, 2019, 1:29 p.m.