ipmt: Interest Payment

In capitalR: Capital Budgeting Analysis, Annuity Loan Calculations and Amortization Schedules

Description

Calculates the interest portion of the payment in period "x"

Usage

ipmt(pv, fv = 0, n, r, x, end = TRUE)

Arguments

pv	Present Value
fv	Future Value
n	Number of Periods
r	Rate
x	Period in which to calculate the interest portion of the payment
end	If FALSE, payments are made at the beginning of the period

Value

Returns the Interest Portion of the Payment in Period "x"

Examples

ipmt(pv = 20000, fv = 0, n = 5 * 12, r = 0.05/12, x = 12, end = TRUE)

capitalR documentation built on Dec. 1, 2019, 1:23 a.m.