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Name | Pmt (FV) |
Syntax | Pmt (Real Rate, Real Periods, Real numPeriods, Real PV, Real FV) |
Purpose | To return the payment for an annuity based on periodic, fixed payments and a fixed interest rate. |
Description | Returns the payment for an annuity based on periodic, fixed payments and a fixed interest rate. Takes into account Future Value too. |
Return Type | Double |
Parameters | Rate [System.Double] periods [System.Double] numPeriods [System.Double] PV [System.Double] FV [System.Double] |
In this example, we will be passing the required parameters to the function transformation object using a Variables object.
Where,
rate = 1.0123
periods = 0
numPeriods = 1000
PV = 25000
FV = 10000
Right-click on the function transformation object and select Preview Output. You can see that Astera Data Stack has applied the Pmt function, and returned the payment value, taking into account the specified future value.
