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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] |
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.
