IPmt

Name	IPmt
Syntax	IPmt (Real Rate, Real Periods, Real numPeriods, Real PV)
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.
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 = 3

periods = 5

numPeriods = 100

PV = 5000000

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.