Ppmt¤
Excel PPMT(rate; period; NPER; PV; FV; type): Returns for a given period the payment on the principal for an investment that is based on periodic and constant payments and a constant interest rate. Rate is the periodic interest rate. Period is the amortization period. NPER is the total number of periods during which annuity is paid. PV is the present value in the sequence of payments. FV (optional) is the desired (future) value. Type (optional) defines whether the payment is due at the beginning (1) or the end (0) of a period.
Parameter¤
Function name¤
The name of the Excel function
- Datatype:
string - Default Value:
PPMT