PPmt

Name	PPmt
Syntax	PPmt (Real Rate, Real Periods, Real numPeriods, Real PV)
Purpose	To return the principal payment for a given period of an annuity based on periodic, fixed payments and a fixed interest rate.
Description	Return the principal payment for a given period of an annuity based on periodic, fixed payments and a fixed interest rate.
Return Type	Double
Parameters	Rate [System.Double] periods [System.Double] numPeriods [System.Double] PV [System.Double]

Example

In this example, we will be passing the required parameters to the function transformation object using a Variables object.

Where,

rate = 0.5

periods = 10

numPeriods = 100

PV = 50000

Right-click on the function transformation object and select Preview Output. You can see that Astera Data Stack has applied the PPmt function, and returned the principal payment value.