pmt {FinCal}

Estimate period payment

Description

Estimate period payment

Usage

pmt(r, n, pv, fv, type = 0)

Arguments

r

discount rate, or the interest rate at which the amount will be compounded each period

n

number of periods

pv

present value

fv

future value

type

payments occur at the end of each period (type=0); payments occur at the beginning of each period (type=1)

See Also

pv

fv

n.period

Examples

pmt(0.08,10,-1000,10)

pmt(r=0.08,n=10,pv=-1000,fv=0)

pmt(0.08,10,-1000,10,1)