Pmt

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]

Example

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.

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