Pmt
Last updated
Last updated
© Copyright 2023, Astera Software
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 = 20000
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.
Name
Pmt
Syntax
Pmt (Real Rate, Real Periods, Real numPeriods, Real PV)
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.
Return Type
Double
Parameters
Rate [System.Double]
periods [System.Double]
numPeriods [System.Double]
PV [System.Double]