pmt: Amortization function

Description Usage Arguments Details Value Examples

Description

pmt level amortization for principal p, interest rate i, n periods

Usage

1
pmt(p, i, n, end)

Arguments

p

principal

i

interest rate

n

number of periods

end

if true, payment at end of period, otherwise beginning

Details

Returns POSITIVE payment for positive principal

Value

The level payment in the annuity

Examples

1
2
pmt(100, 0.08, 10)
pmt(100, 0.08, 10, TRUE)

donboyd5/ptools documentation built on May 15, 2019, 10:39 a.m.