Finance.Cumprinc Method

FinanceCumprinc Method

Returns the cumulative principal paid between two periods.

Namespace: Imsl.Finance
Assembly: ImslCS (in ImslCS.dll) Version: 6.5.2.0

Syntax

public static double Cumprinc(
	double rate,
	int nper,
	double pv,
	int firstPeriod,
	int lastPeriod,
	FinancePeriod time
)

Public Shared Function Cumprinc ( 
	rate As Double,
	nper As Integer,
	pv As Double,
	firstPeriod As Integer,
	lastPeriod As Integer,
	time As FinancePeriod
) As Double

public:
static double Cumprinc(
	double rate, 
	int nper, 
	double pv, 
	int firstPeriod, 
	int lastPeriod, 
	FinancePeriod time
)

static member Cumprinc : 
        rate : float * 
        nper : int * 
        pv : float * 
        firstPeriod : int * 
        lastPeriod : int * 
        time : FinancePeriod -> float

Parameters

rate: Type: SystemDouble
A double which specifies the interest rate.
nper: Type: SystemInt32
A int which specifies the total number of payment periods.
pv: Type: SystemDouble
A double which specifies the present value.
firstPeriod: Type: SystemInt32
A int which specifies the first period in the calculation. Periods are numbered starting with one.
lastPeriod: Type: SystemInt32
A int which specifies the last period in the calculation.
time: Type: Imsl.FinanceFinancePeriod
The time of a Period when the payment is made (either AtEnd or AtBeginning).

Return Value

Type: Double
A double which specifies the cumulative principal paid between the first period and the last period.

Remarks

It is computed using the following:

$\sum\limits_{i = {\it firstPeriod}}^{\it lastPeriod} {\it principal}_i$

where ${\it principal}_i$ is computed from Ppmt for the i-th period.

Reference

Finance Class

Imsl.Finance Namespace

Other Resources

Example