Description Usage Arguments Details Examples

The rate of a loan with constant payments (french type amortization)

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`amt` |
The amount of the loan |

`maturity` |
The maturity of the loan |

`pmt` |
The payments of the loan |

`extrema` |
Vector of length 2 that has the minimum and maximum value to search for the rate |

`tol` |
The tolerance to use in the root finding algorithm |

The periodicity of the maturity and the payment must match, and this will be the periodicity of the rate (which is returned as an effective rate)

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