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, 02:42, 25 October 2013
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'''PPMT'''(Rate, Period, NoPayments, PresentValue, FutureValue, Type)
where,
'''Rate''' - represents the interest rate for the loan.
'''Period''' - represent the period and start from 1 to NoPayments.
'''NoPayments''' - the total number of payments period in a year.
'''PresentValue''' - represents the present value.
'''FutureValue''' - represents the future value.
If omitted cosidered as a 0.
'''Type''' - represents payments due.
'''Type Payment Due'''
0 or omitted end of the period
1 beginning of the period
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It returns the paymenton the principal for agiven period for an investment based on periodic, constant interest rate and constant payments.
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If Type other than 0 or 1, PPMT returns the #ERROR.
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PPMT
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Lets see an example in (Column1, Row6)
<nowiki>=PPMT(0.2/12, 1, R2C1*12, R3C1,0,1)</nowiki>
PPMT returns -469.644554(the interest rate divided by 12 to get a monthly rate).
Consider another example
<nowiki>=PPMT(0.1/12,1,4*12,,52000,1,4)</nowiki>
It returns #ERROR(type=4).
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<div id="10SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Syntax </div><div class="ZEditBox"><center></center></div></div>
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<div id="4SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Remarks </div></div>
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<div id="3SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Examples </div></div>
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<div id="11SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Description </div></div>
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{| id="TABLE3" class="SpreadSheet blue"
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| Column1
| class=" " | Column2
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|- class="odd"
| class=" " | Row1
| class="sshl_f" | 20%
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|- class="even"
| class=" " | Row2
| class=" " | 5
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| class=" " | 50000
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|- class="even"
| class=" " | Row4
| class="sshl_f" | -469.644554
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|- class="odd"
| class=" " | Row5
| class=" SelectTD ChangeBGColor SelectTD" |
<div id="2Space_Handle" class="zhandles" title="Click and Drag to resize CALCI Column/Row/Cell. It is EZ!"></div><div id="2Space_Copy" class="zhandles" title="Click and Drag over to AutoFill other cells."></div><div id="2Space_Drag" class="zhandles" title="Click and Drag to Move/Copy Area.">[[Image:copy-cube.gif]] </div>
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|- class="even"
| Row6
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<div align="left">[[Image:calci1.gif]]</div></div>
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