CAS 6


ppmt
- Financial

Summary

Compute principal payment for a particular period

Examples

ppmt 9.5 180 360 100000
ppmt 9.5 180 360 100000 50000 1)

Syntax

ppmt Rate Period Nper OrigBal (BalloonOrType)

Right Arguments

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
BalloonOrType Numeric, Boolean Field, Constant Balloon or type Yes

Result

Type: Numeric

Amount of Principal Paid



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