# IPmt (FV)

| **Name**    | ***IPmt (FV)***                                                                                                                                                                 |
| ----------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Syntax      | IPmt (Real Rate, Real Periods, Real numPeriods, Real PV, Real FV)                                                                                                               |
| Purpose     | To return a value by applying the interest payment function on specified values.                                                                                                |
| Description | Returns the interest payment for a given period of an annuity based on periodic, fixed payments and a fixed interest rate. Also takes into account, the specified Future Value. |
| Return Type | Double                                                                                                                                                                          |
| Parameters  | <p>Rate \[System.Double]</p><p>periods \[System.Double]</p><p>numPeriods \[System.Double]</p><p>PV \[System.Double]</p><p>FV \[System.Double]</p>                               |

![](https://content.gitbook.com/content/zEifS4h8yurLAAwiGNX2/blobs/WDiEDX5fMuHwK97QKFMo/0.png)

### **Example**

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

Where,

*rate* = 3

*periods* = 5

*numPeriods* = 100

*PV* = 5000000

*FV* = 1000

![](https://content.gitbook.com/content/zEifS4h8yurLAAwiGNX2/blobs/uFyFkZpPA0PvlQXHgsOU/1.png)

Right-click on the function transformation object and select *Preview Output.* You can see that Astera Data Stack has applied the IPmt function, and returned the interest amount of an annuity, dependent on a specified period and period amount and Future Value.

![](https://content.gitbook.com/content/zEifS4h8yurLAAwiGNX2/blobs/WjIkM9QqMyJG6HBweRmZ/2.png)