pmt formula description in scheduled transactions
Ross Palmer Mohn
rpmohn at panix.com
Thu Jul 22 13:15:39 EDT 2004
What are the last two parameters passed to these formulas? What is the
"i" for in the ppmt and ipmt formulas?
pmt(periodic rate : # of periods : initial balance : ? : ?)
ppmt(periodic rate : i : # of periods : initial balance : ? : ?)
ipmt(periodic rate : i : # of periods : initial balance : ? : ?)
Are there any other formulas available for use in scheduled
transactions?
Apologies if this is covered elsewhere -- I couldn't find it.
Thanks! -RPM
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