Cumulative interest principal
You can calculate the cumulative interest principal paid (cumprinc) on a loan within a specified period of time.
This function takes the following arguments:
- Interest rate – The interest rate that applies to the loan.
- Total number of periods – The total number of periods for the loan.
- Present value – The present value of the loan.
- Starting period – The starting period for measuring the cumulative interest principal paid. Periods are index-based.
- Ending period – The ending period for measuring the cumulative interest paid.
Example expression
@Financial.cumprinc(0.005, 360, 200000, 1, 12)
Open topic with navigation