Principal payment
You can calculate the payment on the principal (ppmt) for a specified period of an investment based on periodic payments, constant payments, and constant interest rate.
This function takes the following arguments:
- Interest rate – The interest rate per period of an annuity.
- Period – The period to calculate the interest payment. Use the same unit of measure as provided for the number of periods.
- Number of periods – The number of periods for an investment.
- Present value – The net present value of the investment.
- Future value – The future value of the investment.
Example expression
@Financial.ppmt(0.006, 10, 24,10000, 9500)
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