Expression Language Reference
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    • Returns the payment on the principal for an investment for a given period.

      Category: Financial

      Parameters

      • rate: any

        The interest rate per period.

      • per: any

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

      • nper: any

        The total number of payment periods in an annuity.

      • pv: any

        The present value — the total amount that a series of future payments is worth now.

      • fv: any

        Optional. The future value, or a cash balance you want to attain after the last payment is made. If fv is omitted, it is assumed to be 0 (zero), that is, the future value of a loan is 0.

      • type: any

        Optional. The number 0 or 1 and indicates when payments are due.

      Returns number | Error