Description Usage Arguments Value Examples
Calculate payment based on APR, Amount Financed and Term (in months). Should yield same results as Excel's "PMT" function
1 | pmt(r, p, n)
|
r |
A float number representing APR. |
p |
A float number representing amount financed |
n |
An integer representing term in months |
A float number representing monthly payment
1 | alf_payment <- pmt(0.17, 30000, 72)
|
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