PPMT

function PPMT(
  arg1: number = null,
  arg2: number = null,
  arg3: number = null,
  arg4: number = null,
  arg5: number = null,
  arg6: number = null,
): number | string | boolean

Description

Returns the payment on the principal for a given investment based on periodic, constant payments and a constant interest rate.

Parameters

arg1numberdefault: null

Is the interest rate per period. For example, use 6%/4 for quarterly payments at 6% APR.

arg2numberdefault: null

Specifies the period and must be in the range 1 to nper.

arg3numberdefault: null

Is the total number of payment periods in an investment.

arg4numberdefault: null

Is the present value: the total amount that a series of future payments is worth now.

arg5numberdefault: null

Is the future value, or cash balance you want to attain after the last payment is made.

arg6numberdefault: 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 | boolean

Try It

var oWorksheet = Api.GetActiveSheet();
var oFunction = Api.GetWorksheetFunction();
oWorksheet.GetRange("A1").SetValue(oFunction.PPMT(0.1/12, 1, 2*12, 2000, 0));

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