ppmt {capitalR}

Principal Payment

Description

Calculates the principal of the payment in period "x"

Usage

ppmt(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 principal portion of the payment

end

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

Value

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

Examples

ppmt(pv  = 5000, fv = 0, n = 4 * 12, r = 0.06/12, x = 12, end = TRUE)