PPmt (FV)
Name | PPmt(FV) |
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. Also takes into account Future Value. |
Return Type | Double |
Parameters | Rate [System.Double] periods [System.Double] numPeriods [System.Double] PV [System.Double] FV [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
FV = 1000
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, taking into account the specified Future Value.