PMT
function PMT(
arg1: number = null,
arg2: number = null,
arg3: number = null,
arg4: number = null,
arg5: number = null,
): number | string | booleanDescription
Calculates the payment for a loan based on constant payments and a constant interest rate.
Parameters
- arg1
numberdefault: null Is the interest rate per period for the loan. For example, use 6%/4 for quarterly payments at 6% APR.
- arg2
numberdefault: null Is the total number of payments for the loan.
- arg3
numberdefault: null Is the present value: the total amount that a series of future payments is worth now.
- arg4
numberdefault: null Is the future value, or a cash balance you want to attain after the last payment is made, 0 (zero) if omitted.
- arg5
numberdefault: null Is a logical value: payment at the beginning of the period = 1; payment at the end of the period = 0 or omitted.
Returns
number | string | booleanTry It
var oWorksheet = Api.GetActiveSheet();
var oFunction = Api.GetWorksheetFunction();
oWorksheet.GetRange("A1").SetValue(oFunction.PMT(0.08/12, 2*12, 10000, 0));