Pmt Function [VBA]

Calculates the constant periodic payments for a loan or investment.

warning

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


Syntax:


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

Return value:

Double

Parameters:

αž’αžαŸ’αžšαžΆ αž‡αžΆβ€‹αž’αžαŸ’αžšαžΆβ€‹αž€αžΆαžšβ€‹αž”αŸ’αžšαžΆαž€αŸ‹β€‹αžαžΆαž˜β€‹αž€αžΆαž›β€‹αž€αŸ†αžŽαžαŸ‹Β αŸ”

NPer αž‚αžΊβ€‹αž‡αžΆβ€‹αž…αŸ†αž“αž½αž“β€‹αžšαž™αŸˆαž–αŸαž›β€‹αžŸαžšαž»αž” αž€αŸ†αž‘αž»αž„β€‹αžŠαŸ‚αž›β€‹β€‹αž”αŸ’αžšαžΆαž€αŸ‹β€‹αž”αŸ’αžšαž…αžΆαŸ†β€‹αžαŸ’αž„αŸƒβ€‹αžŽαžΆαž˜αž½αž™β€‹αžαŸ’αžšαžΌαžœβ€‹αž…αŸ†αžŽαžΆαž™Β αŸ”

PV is the (present) cash value of an investment.

FV (optional) is the future value of the loan / investment.

Due (optional) defines whether the payment is due at the beginning or the end of a period.

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 αž€αžΆαžšβ€‹αž αŸ…β€‹αž”αŸ‚αž”αž”αž‘β€‹αž˜αž·αž“β€‹αžαŸ’αžšαžΉαž˜αžαŸ’αžšαžΌαžœ

Example:


REM ***** BASIC *****
Option VBASUPPORT 1
' Calculate the monthly payments to a loan that is to be paid in full over 6 years.
' Interest is 10% per year and payments are made at the end of the month.
Sub ExamplePmt
 Dim myPmt As Double
 myPmt = Pmt( 0.1/12, 72, 100000 )
 print MyPmt 'is calculated to be -1852,58377757705
End Sub

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