ipmt {capitalR}

Interest Payment

Description

Calculates the interest portion of the payment in period "x"

Usage

ipmt(pv, fv = 0, n, r, x, end = TRUE)

Arguments

pv

Present Value

fv

Future Value

n

Number of Periods

r

Rate

x

Period in which to calculate the interest portion of the payment

end

If FALSE, payments are made at the beginning of the period

Value

Returns the Interest Portion of the Payment in Period "x"

Examples

ipmt(pv = 20000, fv = 0, n = 5 * 12, r = 0.05/12, x = 12, end = TRUE)