Finance.Ppmt Method

FinancePpmt Method

Returns the payment on the principal for a specified period.

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

Syntax

public static double Ppmt(
	double rate,
	int period,
	int nper,
	double pv,
	double fv,
	FinancePeriod time
)

Public Shared Function Ppmt ( 
	rate As Double,
	period As Integer,
	nper As Integer,
	pv As Double,
	fv As Double,
	time As FinancePeriod
) As Double

public:
static double Ppmt(
	double rate, 
	int period, 
	int nper, 
	double pv, 
	double fv, 
	FinancePeriod time
)

static member Ppmt : 
        rate : float * 
        period : int * 
        nper : int * 
        pv : float * 
        fv : float * 
        time : FinancePeriod -> float

Parameters

rate: Type: SystemDouble
A double which specifies the interest rate.
period: Type: SystemInt32
A int which specifies the payment period.
nper: Type: SystemInt32
A int which specifies the total number of periods.
pv: Type: SystemDouble
A double which specifies the present value.
fv: Type: SystemDouble
A double which specifies the future value.
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 payment on the principal for a given period.

Remarks

It is computed using the following:

${\it payment}_i - {\it interest}_i$

where ${\it payment}_i$ is computed from pmt for the i-th period, ${\it interest}_i$ is calculated from Ipmt for the i-th period.

Reference

Finance Class

Imsl.Finance Namespace

Other Resources

Example