pmt | R Documentation |
The value of the payment of a loan with constant payments (french type amortization)
pmt(amt, maturity, rate)
amt |
The amount of the loan |
maturity |
The maturity of the loan |
rate |
The rate of the loan |
The periodicity of the maturity and the rate must match, and this will be the periodicity of the payments
pmt(amt = 100, maturity = 10, rate = 0.05)
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