IPmt Function [VBA]

Calculates the periodic amortizement for an investment with regular payments and a constant interest rate.

warning

This constant, function or object is enabled with the statement Option VBASupport 1 placed before the executable program code in a module.


Syntax:


IPmt(Rate as Double, Per as Double, NPer as Double, PV as Double, [FV as Variant], [Due as Variant])

Return value:

Double

Parameters:

Tasa define'l tipu d'interés periódicu.

Per is the period, for which the compound interest is calculated. Period=NPER if compound interest for the last period is calculated.

NPer ye'l númberu total de períodos, mientres los cualos l'añalidá págase.

VA define'l valor efeutivu actual de la serie de pagos.

VF (opcional) define'l valor final (valor futuru) una vegada concluyíos los períodos.

Due (optional) is the due date for the periodic payments.

0 - the payment is due at the end of the period;

1 - the payment is due at the beginning of the period.

Error codes:

5 Llamada a procedimientu non válida

Example:


Sub ExampleIPmt
 Dim myIPmt As Double
 myIPmt = IPmt(0.05,5,7,15000)
 Print myIPmt ' returns -352.97 currency units. The compound interest during the fifth period (year) is 352.97 currency units.
End Sub

Please support us!