Compute interest payment for a particular period
ipmt 9.5 180 360 100000
ipmt 9.5 180 360 100000 50000 1
ipmt Rate Period Nper OrigBal (Balloon)
| Name | Data Type | Input Type | Description | Optional | Default |
|---|---|---|---|---|---|
| Rate | Numeric | Field, Constant | No | ||
| Period | Numeric | Field, Constant | No | ||
| Nper | Numeric | Field, Constant | No | ||
| OrigBal | Numeric | Field, Constant | No | ||
| Balloon | Boolean | Field, Constant | Yes |
Type: Numeric
Amount of interest paid