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System.Math.Payment
From XE2 API Documentation
Delphi
function Payment(Rate: Extended; NPeriods: Integer; const PresentValue, FutureValue: Extended; PaymentTime: TPaymentTime): Extended;
C++
extern PACKAGE System::Extended __fastcall Payment(System::Extended Rate, int NPeriods, const System::Extended PresentValue, const System::Extended FutureValue, TPaymentTime PaymentTime);
Properties
| Type | Visibility | Source | Unit | Parent |
|---|---|---|---|---|
| function | public | System.Math.pas System.Math.hpp |
System.Math | System.Math |
Description
Calculates a fully amortized payment.
Payment calculates the fully amortized payment of borrowing PresentValue at Rate percent per period over NPeriods. It assumes that interest is paid at the end of each period.
FutureValue is the value that the investment will reach at some point. PaymentTime indicates whether the cash flows occur at the beginning or end of the period.