From Appmethod Libraries
Jump to: navigation, search

Object Pascal

function InterestPayment(const Rate: Extended; Period, NPeriods: Integer; const PresentValue, FutureValue: Extended; PaymentTime: TPaymentTime): Extended;


extern DELPHI_PACKAGE System::Extended __fastcall InterestPayment(const System::Extended Rate, int Period, int NPeriods, const System::Extended PresentValue, const System::Extended FutureValue, TPaymentTime PaymentTime);


Type Visibility Source Unit Parent
function public
System.Math System.Math


Calculates the interest portion of a loan payment.

Call InterestPayment to calculate the portion of a loan payment that reflects the interest.

Rate represents the fixed periodic interest rate.

Period identifies the payment period.

NPeriods is the number of periods of the loan.

PresentValue represents the amount borrowed (the principal).

FutureValue is the future value of the investment.

PaymentTime indicates whether the cash flows occur at the beginning or end of the period.

See Also